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Tesla among electric carmakers forced to cut prices as market stalls

4 points by jimnotgym 3y ago

xhkkffbf 3y ago
They have to be competitive. I've seen some nice prices on Toyota electric cars. They're just starting to pile up on the lots.
- decafninja 3y ago
  In contrast to their ICE cars, isn’t Toyota’s first (and still, only?) foray into BEVs - the bz4x - considered one of the worst EVs in the market?
- consumer451 3y ago
  Yeah, but as a historically huge fan of Toyota, even I must admit that Toyota's electric offerings are lackluster. I think Doug DeMuro had the bZ4X on his list of "actually bad cars for sale in 2024."
thebruce87m 3y ago
Be very careful of the language in articles about EVs. They seem to try intentionally to mislead. Here is what this article says: > Tesla and its nearest rival in electric car volumes, China’s BYD, have both reported lower electric car sales. Yet, BYD sales are up when you compare to the same quarter last year. Yes, they are down from Q4 but that’s not apples to apples, is it? https://www.reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/#:~:text=BYD%20sold%20626%2C263%20units%20of,second%2Dhighest%20monthly%20sales%20tally https://www.reuters.com/business/autos-transportation/byd-ma.... > BYD sold 626,263 units of all vehicle types in the first quarter, up 13.4% from a year earlier, but down 33.7% from a record quarterly high of 944,779 in the fourth quarter, the stock exchange filing showed. > March sales were 302,459 vehicles, a 46% jump from a year earlier and its second-highest monthly sales tally. BYD reported an all-time monthly high of 341,043 units in December. There’s even a graph here in this article with a similar doom-and-gloom headline that shows that Q1 is always the lower quarter for BYD: https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a6e8 https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a...
Zigurd 3y ago
A lot of current generation EVs are just bad: Hummer EV is ridiculously heave, so it needs expensive tires and wears them out quickly. Tesla's only really new product is Cybertruck. The opportunity cost of that being a flop is immense.

4 points by jimnotgym 3y ago

They have to be competitive. I've seen some nice prices on Toyota electric cars. They're just starting to pile up on the lots.

decafninja 3y ago
In contrast to their ICE cars, isn’t Toyota’s first (and still, only?) foray into BEVs - the bz4x - considered one of the worst EVs in the market?
consumer451 3y ago
Yeah, but as a historically huge fan of Toyota, even I must admit that Toyota's electric offerings are lackluster. I think Doug DeMuro had the bZ4X on his list of "actually bad cars for sale in 2024."

thebruce87m 3y ago

Be very careful of the language in articles about EVs. They seem to try intentionally to mislead. Here is what this article says: > Tesla and its nearest rival in electric car volumes, China’s BYD, have both reported lower electric car sales. Yet, BYD sales are up when you compare to the same quarter last year. Yes, they are down from Q4 but that’s not apples to apples, is it? https://www.reuters.com/business/autos-transportation/byd-may-hand-back-top-ev-seller-title-tesla-after-q1-sales-decline-2024-04-02/#:~:text=BYD%20sold%20626%2C263%20units%20of,second%2Dhighest%20monthly%20sales%20tally https://www.reuters.com/business/autos-transportation/byd-ma.... > BYD sold 626,263 units of all vehicle types in the first quarter, up 13.4% from a year earlier, but down 33.7% from a record quarterly high of 944,779 in the fourth quarter, the stock exchange filing showed. > March sales were 302,459 vehicles, a 46% jump from a year earlier and its second-highest monthly sales tally. BYD reported an all-time monthly high of 341,043 units in December. There’s even a graph here in this article with a similar doom-and-gloom headline that shows that Q1 is always the lower quarter for BYD: https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a6e8 https://www.ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a...

Zigurd 3y ago

A lot of current generation EVs are just bad: Hummer EV is ridiculously heave, so it needs expensive tires and wears them out quickly. Tesla's only really new product is Cybertruck. The opportunity cost of that being a flop is immense.