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it's dodgy reframing, but you can't conclude that non-Telsa manufacturers made up the bulk of it, at least from that isolated quote Suppose Tesla had 99% marke
by shoo 2y ago
it's dodgy reframing, but you can't conclude that non-Telsa manufacturers made up the bulk of it, at least from that isolated quote
Suppose Tesla had 99% market share at the start of the period. Sales of the entire market growing by 14% could be explained by 13.44% growth for Telsa's share and 69% growth for the other 1% market share.
without knowing the absolute values, the headline is fairly meaningless
- Sakos 2y agoI agree that the "framing" can be misleading, but in this case, it's burying how bad it is for Tesla actually. > New Tesla registrations fell 17 percent in April, marking three consecutive months in the red. Tesla’s share of the U.S. EV segment dropped to 46.3 percent in April from 63.8 percent a year earlier, S&P Global Mobility said. Tesla's growth in sales isn't just lower than everybody else's. It's negative. They're selling less than they used to while also losing market share and while their competitors have plenty of sales growth. I don't see any way to frame this positively.