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woof; huge drop all across the board. definitely looks like a bloodbath to me. anecdotally, two people, who don't have EVs, reacted negatively to me renting a

by nunez 2y ago

woof; huge drop all across the board. definitely looks like a bloodbath to me. anecdotally, two people, who don't have EVs, reacted negatively to me renting a model 3 recently. this was definitely not the case last year. tesla has a reputation problem. they need to admit it. i agree with the hivemind that this is 100% the reason behind the massive drop. given that they still have the best EVs on the market with the best EV supercharging network on the market, this is the only possible reason.

bl4kers 2y ago
> given that they still have the best EVs on the market Nah. The build quality continues to disappoint and the number of recalls is high. Chinese manufacturers have been leading the way for a while now. They're just banned from major countries.
cosmicgadget 2y ago
Share price is more about trajectory than position. Tesla has stagnated, mucking around with halo models and abandoning its affordable vehicle plans. The market in China has dead ended and any progress in autonomy is dependent on regulatory approval. The company is currently fourth banana for its 'visionary' CEO, behind DOGE, Twitter, and SpaceX. It's more than a matter of people disapproving of his antics.
NoPicklez 2y ago
I don't know if its just the US, but it certainly seems like Elon's reputation is having a bigger impact on Tesla drivers in the US. Here in Australia the sentiment is that they're just Tesla cars, people don't care its tied to Elon "or some guy that did a salute". Does certainly seem to be a hivemind.
- aaomidi 2y ago
  That probably says more about Australian society than it does about Tesla.
  - NoPicklez 2y ago
    I think its more due to the fact that the political issues Elon has created are on the other side of the world to us. We aren't protesting against Elon because he's not within our Government. Either way, pretty happy to not have the political divide the US does
lawn 2y ago
> given that they still have the best EVs on the market I really don't think so. Chinese, Korean, and even European cars have caught up and in some cases surpassed Tesla in both price and quality.
mullingitover 2y ago
> they still have the best EVs on the market with the best EV supercharging network on the market This is a very "Blackberry still has the best smartphone on the market" in 2008 take. Anyone who's seen the Chinese EVs released in the past year can see that they're building iPhones, Tesla is still building Blackberries, and the only thing keeping Tesla as a going concern in 2026 will be iron-fisted protectionism.
- Marsymars 2y ago
  > they're building iPhones, Tesla is still building Blackberries, How so? i.e. What do you envision a Chinese EV will look like in 10 years compared to what I can buy today in North America?
  - mullingitover 2y ago
    It probably won’t take ten years: fast charging batteries that can go over 300 miles with a five minute charge, at entry level prices, with lidar navigation instead of cheap optical cameras. Superior user interfaces, no corner-cutting by stuffing everything into touch screens. I’m not saying you won’t be able to get this in North America eventually, but it’ll be licensed from Chinese companies the same way Tesla is doing with CATL LFP batteries right now.
    - Marsymars 2y ago
      Unfortunately, I think we'll need regulation for much of that. As-is, super-fast charging hardly matters because you only really save money by charging at home where super-fast doesn't matter - for people who can't do most of their charging at home, the incentives for EVs (or disincentives for gas) mostly aren't strong enough for faster charging to tip the scales. I don't know about the pricing situation - the average new car in North America costs $50k, so I don't know if the incentives are lined up right to sell entry level cars that are much better than today's entry-level cars. For touch screens, we probably need safety regulation - it just doesn't seem like people care about everything being moved to touch screens enough to vote with their wallets. The autonomous driving to me is a big unknown, timeline-wise. It's certainly the most obvious candidate for a real difference in car functionality.

by nunez 2y ago

bl4kers 2y ago

> given that they still have the best EVs on the market Nah. The build quality continues to disappoint and the number of recalls is high. Chinese manufacturers have been leading the way for a while now. They're just banned from major countries.

cosmicgadget 2y ago

Share price is more about trajectory than position. Tesla has stagnated, mucking around with halo models and abandoning its affordable vehicle plans. The market in China has dead ended and any progress in autonomy is dependent on regulatory approval. The company is currently fourth banana for its 'visionary' CEO, behind DOGE, Twitter, and SpaceX. It's more than a matter of people disapproving of his antics.

NoPicklez 2y ago

I don't know if its just the US, but it certainly seems like Elon's reputation is having a bigger impact on Tesla drivers in the US. Here in Australia the sentiment is that they're just Tesla cars, people don't care its tied to Elon "or some guy that did a salute". Does certainly seem to be a hivemind.

aaomidi 2y ago
That probably says more about Australian society than it does about Tesla.
- NoPicklez 2y ago
  I think its more due to the fact that the political issues Elon has created are on the other side of the world to us. We aren't protesting against Elon because he's not within our Government. Either way, pretty happy to not have the political divide the US does

lawn 2y ago

> given that they still have the best EVs on the market I really don't think so. Chinese, Korean, and even European cars have caught up and in some cases surpassed Tesla in both price and quality.

mullingitover 2y ago

> they still have the best EVs on the market with the best EV supercharging network on the market This is a very "Blackberry still has the best smartphone on the market" in 2008 take. Anyone who's seen the Chinese EVs released in the past year can see that they're building iPhones, Tesla is still building Blackberries, and the only thing keeping Tesla as a going concern in 2026 will be iron-fisted protectionism.

Marsymars 2y ago
> they're building iPhones, Tesla is still building Blackberries, How so? i.e. What do you envision a Chinese EV will look like in 10 years compared to what I can buy today in North America?
- mullingitover 2y ago
  It probably won’t take ten years: fast charging batteries that can go over 300 miles with a five minute charge, at entry level prices, with lidar navigation instead of cheap optical cameras. Superior user interfaces, no corner-cutting by stuffing everything into touch screens. I’m not saying you won’t be able to get this in North America eventually, but it’ll be licensed from Chinese companies the same way Tesla is doing with CATL LFP batteries right now.
  - Marsymars 2y ago
    Unfortunately, I think we'll need regulation for much of that. As-is, super-fast charging hardly matters because you only really save money by charging at home where super-fast doesn't matter - for people who can't do most of their charging at home, the incentives for EVs (or disincentives for gas) mostly aren't strong enough for faster charging to tip the scales. I don't know about the pricing situation - the average new car in North America costs $50k, so I don't know if the incentives are lined up right to sell entry level cars that are much better than today's entry-level cars. For touch screens, we probably need safety regulation - it just doesn't seem like people care about everything being moved to touch screens enough to vote with their wallets. The autonomous driving to me is a big unknown, timeline-wise. It's certainly the most obvious candidate for a real difference in car functionality.