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I assume you may be talking globally. In the U.S.[0] trucks are about a fifth of sales, crossovers are two fifths, and SUVs are just under a fifth. Cars like th
by neogodless 6y ago
I assume you may be talking globally. In the U.S.[0] trucks are about a fifth of sales, crossovers are two fifths, and SUVs are just under a fifth. Cars like the Model 3 and Nissan Leaf fall into the "midsized car" category which is about a tenth of sales.
So watching the Model Y is probably a better indicator for the long-term growth of Tesla, and there's plenty of competition.
Just as a data point... GM's 15% profit margin[1].
[0] https://www.statista.com/statistics/276506/change-in-us-car-demand-by-vehicle-type/ https://www.statista.com/statistics/276506/change-in-us-car-...
[1] https://www.cfo.com/financial-performance/2020/11/gm-posts-4b-profit-on-strong-truck-suv-sales/ https://www.cfo.com/financial-performance/2020/11/gm-posts-4...