> meaning that they're close to plateauing [citations needed]. Their model Y numbers show that their deliveries are growing consistently. > Based on numbers o

> meaning that they're close to plateauing [citations needed]. Their model Y numbers show that their deliveries are growing consistently. > Based on numbers out of Europe, it appears that Tesla has already nearly saturated the market of potential upper-class EV buyers Europe gets its Teslas by ship in blocks and this results in lumpy numbers. And even then lower numbers could also be due to the fact that they have a local factory being built out in Berlin right now, which would result in cheaper cars. > Notably, Tesla's profits were (again) due to higher regulatory credit sales to other car companies. If you look at their balance sheet, you would see that their operating expenses have been flat over the last several quarters while revenues and deliveries/production have gone up. Regulatory credit sales exist, and I do not fault them for using that to further invest their returns into growth instead of showing a profit. Currently, just the current sales of Model 3, S and X alone more than cover all of their operating expenses every quarter. Model Y and future models only add to their income going forward. Further evidence of this is that one year ago they had $2B in cash. They raised $10B from capital raises after that. They now have $12-$13B in cash, during a year where they brought a factory from zero to full production + started work on two more factories. This demonstrates significant positive cash-flow. > EVs are the horses in this situation ... most people don't have the means to charge EVs at home... nor do they have the spare time to spend hours charging their EVs I owned an EV in a small town in Iowa for over one year living in an apartment with no access to home charging. I hardly had to wait "hours for charging their EVs". I charged while grocery shopping or going to the gym and that was perfectly suffice even in peak winter. Many employers here offer at least 120V outlets in their employee parking lots which is again, enough for commutes. 150-250kW supercharging makes road-trips easy as well. > or the foreseeable future, regular ICE cars are still far more convenient Tesla is constantly driving down the cost and even right now, from a cost-of-ownership sense an EV is a no-brainer in the price range that it sits in. They have also dominated every market segment they have entered so far and also taken market share from lower-end vehicles [https://www.businessinsider.com/tesla-model-3-cars-trade-in-honda-bmw-prius-leaf-2018-8 https://www.businessinsider.com/tesla-model-3-cars-trade-in-...]. As the effects of climate-change become more drastic, there will be regulatory moves to curb ICE vehicles as well as add more charging infrastructure. You can already see some of this in CA right now. Britain is planning on banning ICE vehicle sales by 2030, California by 2035.