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Market 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 mean
by ramesh31 3y ago
Market 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.