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Tesla's struggles are good news for non-Tesla buyers. Tesla's missteps will force them to reduce prices to keep volume up. Tesla's price reductions will forc

Tesla's struggles are good news for non-Tesla buyers. Tesla's missteps will force them to reduce prices to keep volume up. Tesla's price reductions will force competitors to reduce their prices. For example, you can now lease a Toyota bZ4x for $169/month. https://electrek.co/2024/04/23/you-can-lease-a-toyota-bz4x-for-next-to-nothing-right-now/ https://electrek.co/2024/04/23/you-can-lease-a-toyota-bz4x-f...

melodyogonna 3y ago
What are these missteps?
- toomuchtodo 3y ago
  Cybertruck vs $25k Model 2. Focusing on FSD that doesn’t work well enough to sell in meaningful quantities (and may never work well enough to be unsupervised). People want and will buy cheaper EVs. See: BYD. Make more, less expensive EVs faster. But this won’t support Teslas robotaxi/AI company valuation, which Elon needs to stay wealthy and powerful. https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsl... | https://archive.today/EzU6O https://archive.today/EzU6O (“Tesla to Accelerate Launch of Cheaper Cars After Sales Miss”) https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-mil... ("BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023")
  - ripjaygn 3y ago
    Thats outdated news. > BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world's biggest EV seller to Tesla after winning it last year. https://www.reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/ https://www.reuters.com/business/autos-transportation/byd-ma... Bad news for Tesla is highly pumped on social media and media.
    - cherry_tree 3y ago
      The article says byd Q1 sales are up 13.4% year over year while Tesla sales are down 8.5% yoy
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ripjaygn 3y ago
> For example, you can now lease a Toyota bZ4x for $169/month The same Toyota that got caught cheating in emission tests? The same BX4X whose wheels were falling apart? No thanks.
- Freedom2 3y ago
  Even so, I'd rather buy American made anyhow.

melodyogonna 3y ago

What are these missteps?

toomuchtodo 3y ago
Cybertruck vs $25k Model 2. Focusing on FSD that doesn’t work well enough to sell in meaningful quantities (and may never work well enough to be unsupervised). People want and will buy cheaper EVs. See: BYD. Make more, less expensive EVs faster. But this won’t support Teslas robotaxi/AI company valuation, which Elon needs to stay wealthy and powerful. https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsl... | https://archive.today/EzU6O https://archive.today/EzU6O (“Tesla to Accelerate Launch of Cheaper Cars After Sales Miss”) https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-mil... ("BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023")
- ripjaygn 3y ago
  Thats outdated news. > BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world's biggest EV seller to Tesla after winning it last year. https://www.reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/ https://www.reuters.com/business/autos-transportation/byd-ma... Bad news for Tesla is highly pumped on social media and media.
  - cherry_tree 3y ago
    The article says byd Q1 sales are up 13.4% year over year while Tesla sales are down 8.5% yoy
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ripjaygn 3y ago

> For example, you can now lease a Toyota bZ4x for $169/month The same Toyota that got caught cheating in emission tests? The same BX4X whose wheels were falling apart? No thanks.

Freedom2 3y ago
Even so, I'd rather buy American made anyhow.