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The auto industry is really going to go through some changes in the next decade. It wouldn't surprise me if a few majors like GM, Ford, BMW, Mercedes, Chrysler,
by hourislate 7y ago
The auto industry is really going to go through some changes in the next decade. It wouldn't surprise me if a few majors like GM, Ford, BMW, Mercedes, Chrysler, Nissan. etc are still around or on their way out. At this point Tesla seems to be doing better every month while other manufacturers just can't mount a serious challenge when it comes to EV's. The more time that passes, the stronger Tesla seems to get.
- jonplackett 7y agoAt least they've seen it coming earlier than Nokia did.
- aguyfromnb 7y agoThis EV transition will likely wipe a few out, for sure. It's hard to imagine how the pension burdened American co's will survive. But Tesla actually lost market share quarter-over-quarter in the US. It's a rough market for autos right now.
- davidgould 7y agoSay what? Where did you see that? Autos overall are down, Tesla is selling record numbers, how did they lose market share?
- aguyfromnb 7y ago>Autos overall are down, Tesla is selling record numbers, how did they lose market share? Tesla's revenues as a percentage of total auto sales decreased last quarter. Simple math.
- davidgould 7y agoPlease cite sources or numbers. As I understand it global auto sales are down and Tesla is up, so simple math would not support your claim. If you have evidence, please present it.