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Telsa has a market share of 4.2%. It is hardly "total market saturation". The vehicle market is the relevant metric, not the EV market. At this point they'
by bryanlarsen 3y ago
Telsa has a market share of 4.2%. It is hardly "total market saturation".
The vehicle market is the relevant metric, not the EV market. At this point they're the same market. Tesla is competing against all cars, not just other EV's.
- ramesh31 3y agoMarket saturation !== 100% total market share. iPhone has a 25% market share, yet everyone who wants (and can afford) an iPhone has one, i.e saturated. It means either innovation or price drops are required for further growth.
- bryanlarsen 3y agoI'm fairly confident that not everyone who wants an EV has one already.
- ramesh31 3y ago>I'm fairly confident that not everyone who wants an EV has one already. Right. But everyone who wants (and can afford) a Tesla has one. And that's about 4.2% of the total US market it seems. Sales growth has ceased entirely for them since 2022.
- mavhc 3y agoThey should probably design a cheaper mass market car at some point...
- relativ575 3y ago> Sales growth has ceased entirely for them since 2022. I'm pretty sure you're wrong. But feel free to provide numbers to prove you are right.