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I feel the bigger goal is the viability of the network effect (clustering) of electric cars. When Tesla was the only electric car company most buyers thought it
by yardie 3y ago
I feel the bigger goal is the viability of the network effect (clustering) of electric cars. When Tesla was the only electric car company most buyers thought it was neat but didn't really consider it. A lot of buyers want their next vehicle to be EV but have range anxiety. While the Model 3/Y was top seller amongst EV buyers it's overall marketshare is still miniscule. More competition drives more churn which creates more transactions.
- chrisjc 3y ago> While the Model 3/Y was top seller amongst EV buyers it's overall marketshare is still miniscule. Perhaps I'm misinterpreting your statement, but the Model Y has become the best selling car in the world. That includes ICE vehicles, not just EVs. If you exclude trucks, I think it has also recently become the best selling car in the US, overtaking the Rav4.
- FireBeyond 3y ago> but the Model Y has become the best selling car in the world. That doesn't directly correlate to marketshare. The MY is going to need many many quarters of being the best selling car to have marketshare equal to many other ICE models.
- yardie 3y agoTesla is intentionally obtuse about their numbers. But the Corolla still reigns supreme at +700k. They combine the total sales of 3+Y against the Corolla. https://www.autoweek.com/news/industry-news/a44600661/is-tesla-model-y-the-worlds-best-selling-car-nope-not-even-close/ https://www.autoweek.com/news/industry-news/a44600661/is-tes...