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Coming from Norway - on of the testing grounds of EVs, I remember when Model S hit the market back in 2012, or 2013? In either case, they were more or less the
by TrackerFF 2y ago
Coming from Norway - on of the testing grounds of EVs, I remember when Model S hit the market back in 2012, or 2013? In either case, they were more or less the only EV you'd see around the time. And they were everywhere.
Fast-forward 10 years, and their presence has been seriously diluted. They're just another EV. If anything, they feel and look flimsy as hell - my coworker got a brand new last year, and I was shocked how...cheap it feels? My other coworker got a Toyota, which feels rock solid. Doesn't help that the Tesla has been in the repair shop twice.
So if I was going to judge Tesla, based on their cars alone, no way in hell would I value them like they've been for the past 5 years. Their market cap is twice the size of Toyota, and around 10-15 times the other traditional car brands (all whom are catching up in the EV market)
But, Tesla as a company does have some advantages. Their sales model, their charging system, etc.
Did Musk hit his goals? Sure thing. But I honestly don't think it was his strategy that alone that got him there - I believe a lot of the price increase came due to the world finally catching up with EV vehicles (and seeing the general trend of moving away from ICE vehicles to EV), and Tesla being at well-positioned. Then the meme-stock effect.
- misiti3780 2y agoModel Y is has been the best selling car in Norway for the past 2 years. If it looks "look flimsy as hell", that says something about all of the Norwegians buying them. Which companies are catching up ? Back it up with numbers you numb nuts.
- codydh 2y agoAh, so you drive a Tesla.
- croes 2y agoPeople buy Crocs so just because people buy something doesn't say anything about quality.
- TrackerFF 2y agoTop 20 new cars sold in 2023 by type (EV, Hybrid, ICE) Type Cars sold EV | 74887 Hybrid | 8950 Grand Total 83837 --- Top 20 new cars sold in 2023 (by maker) Maker Cars sold Cars sold (%) Tesla | 25171 | 30,02% Toyota | 14345 | 17,11% Volkswagen | 9755 | 11,64% Skoda | 5740 | 6,85% Nissan | 5077 | 6,06% Volvo | 5025 | 5,99% Audi | 4290 | 5,12% BMW | 4197 | 5,01% Ford | 3792 | 4,52% Hyundai | 2991 | 3,57% Polestar | 1832 | 2,19% MG | 1622 | 1,93% Grand Total 83837 100,00% --- Cars sold by type, and maker Type Cars sold by maker Cars sold by maker (% of type) EV | 74887 | 100,00% Tesla | 25171 | 33,61% Volkswagen | 9755 | 13,03 % Skoda | 5740 | 7,66% Toyota | 5395 | 7,20% Nissan | 5077 | 6,78% Volvo | 5025 | 6,71% Audi | 4290 | 5,73% BMW | 4197 | 5,60% Ford | 3792 | 5,06% Hyundai | 2991 | 3,99% Polestar | 1832 | 2,45% MG | 1622 | 2,17 % Hybrid | 8950 | 100,00% Toyota | 8950 | 100,00% Grand Total 83837