Tesla 2023

SunTrader said:
Easy Tiger. NPR? They only reported what the gubmint just changed regarding cars. I opened the post referring to the NPR story as to how it might affect auto rebates here.
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Elon also has solar city business, not subject for auto rebates but it is getting there, the Fed has other incentives for users, that’s the trick.
 
Remember, on several occasions Musk has said he doesn't need government incentives to run a successful business but if there are to be, then Tesla should also get them.
 
SunTrader said:
AAPL -10.50%
MSFT -16.77%
GOOGL -28.82%
META -44.03%
AMZN -45.56%
NLFX -51.10%

TSLA -54.44%

We're number one ...... inversely. Price is all - especially current and expected near term performance. Competition is not going away no matter how much fanbois wish they do. That is reality.
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Damn it, you're finally right! Tesla is losing market share...:(

upload_2023-4-18_19-54-29.png


Yes, Tesla is selling more EVs in the US than the next 9 competitors combined so far this year (again). From James Stevenson on YouTube
 
VicBee said:
The guy's a bit annoying but he is well recognized for his various graphic analyses of Tesla.
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Oh. Some guy.

Meanwhile I saw Cox Automotive (see quoted part below) shows market share was lower slightly 1st quarter 2023 vs all of 2022 62.4% vs 64.2% As I said competition is coming.

Is it a trend? TWT

New tighter rebate restrictions kick in tomorrow 4/19/23. Will it help or hurt? Same TWT

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"Tesla led the way in Q1, helped by sizeable price cuts. Tesla sales were up 24.6% year over year, and the EV pioneer continues to be both the industry’s top-selling luxury make and EV make by far. Tesla’s share of the EV market fell to 62.4%, down slightly from its full-year result in 2022—64.2%—and down significantly from the nearly 79% share Tesla commanded in 2020. Still, a 62% share of the EV market makes Tesla “the market.”

Chevy Bolt sales in Q1 were strong, placing the bowtie brand a distant No. 2 in EV sales; Ford was third. And interestingly, despite solid, popular products from both Hyundai and Kia, EV sales from the brands decreased last quarter. On the luxury side, Audi, BMW and Mercedes all posted strong year-over-year sales growth thanks to excellent new offerings."
 
SunTrader said:
Oh. Some guy.

Meanwhile I saw Cox Automotive (see quoted part below) shows market share was lower slightly 1st quarter 2023 vs all of 2022 62.4% vs 64.2% As I said competition is coming.

Is it a trend? TWT

New tighter rebate restrictions kick in tomorrow 4/19/23. Will it help or hurt? Same TWT

+ + +

"Tesla led the way in Q1, helped by sizeable price cuts. Tesla sales were up 24.6% year over year, and the EV pioneer continues to be both the industry’s top-selling luxury make and EV make by far. Tesla’s share of the EV market fell to 62.4%, down slightly from its full-year result in 2022—64.2%—and down significantly from the nearly 79% share Tesla commanded in 2020. Still, a 62% share of the EV market makes Tesla “the market.”

Chevy Bolt sales in Q1 were strong, placing the bowtie brand a distant No. 2 in EV sales; Ford was third. And interestingly, despite solid, popular products from both Hyundai and Kia, EV sales from the brands decreased last quarter. On the luxury side, Audi, BMW and Mercedes all posted strong year-over-year sales growth thanks to excellent new offerings."
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Oh look who's using funnymentals to synthesize their view of what's going on with TSLA! :wtf:
 
mervyn said:
The Tesla Model 3 is an electric car produced by American marque Tesla. It is a battery-powered four-door sedan that is considered a mid-size car in the US and a large family car in Europe, and is marketed in the compact-executive segment.

From Wiki
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Sorry this is complete nonsense. How can a tesla 3 be considered a large family car? It’s more a car for the ‘30y old professional’. For comparison, a Volvo xc90 or Skoda enyaq can be considered a large family car.
 
Zwaen said:
Sorry this is complete nonsense. How can a tesla 3 be considered a large family car? It’s more a car for the ‘30y old professional’. For comparison, a Volvo xc90 or Skoda enyaq can be considered a large family car.
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Obviously your size is small. T3 is very roomy for 5.
 
Zwaen said:
Sorry this is complete nonsense. How can a tesla 3 be considered a large family car? It’s more a car for the ‘30y old professional’. For comparison, a Volvo xc90 or Skoda enyaq can be considered a large family car.
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A large family car in EUROPE. They have some damn small cars over there.
 
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