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The whole EV market is growing and everyone is racing to buy one before incentives run out. The article is framed as a hit piece and even has political statemen
by leetharris 1y ago
The whole EV market is growing and everyone is racing to buy one before incentives run out. The article is framed as a hit piece and even has political statements in it. But here is an exact quote from the article:
"Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell."
- testbjjl 1y agoWonder if the end of the subsidies against a 7% increase is sales, potentially due to end of subsidies is a canary?
- to11mtm 1y agoYou mean like the thing where Telsa magically sold a not-really-logical number of vehicles in Canada when subsidies were running out there?
- dghlsakjg 1y agoIf you follow up on the story, Tesla was cleared of all wrong doing after an investigation. Tesla did sell that number of vehicles, they just were very behind on filing for the incentives, but still within the program guidelines. Once the government announced that the incentives were running low, they filed all of their backlog at once. I love to hate on Elon as much as the next person, but everything was above board. https://driveteslacanada.ca/news/canada-clears-tesla-in-izev-rebate-investigation-43m-payment-unfrozen/ https://driveteslacanada.ca/news/canada-clears-tesla-in-izev...
- FireBeyond 1y agoI think there's something else going on there, although yes, that was the statement. > Tesla’s head of sales for Canada, emphasized in a March 28 letter that the filings followed program guidelines, which allowed post-delivery submissions despite recommendations for pre-delivery assessments. but this alludes to something more: > Despite the clearance, Tesla will still be excluded from future iZEV programs Huh. Why, I wonder?
- dghlsakjg 1y agoIf you read the rest of the sentence you removed the second quote from you will see why. It isn't a mystery, the PM of Canada and several premiers have openly stated that Tesla isn't going to be eligible because Musk is Musk, and Tesla is American.
- timcobb 1y agoWhy would Tesla have a Head of Sales in a Fake Country (TM)?
- nabla9 1y agoTesla's revenue has been flat 3 years now. There are up and downs but it's stagnated over long term. 2022-Q3 $21.5B revenue 2025-Q2 $22.5b revenue
- tw04 1y agoYou can only cut costs so much before you're selling the equivalent of a $50k geo metro. When they removed the center horn and the stalks from their cars, they officially jumped the shark. But I bet they saved at least $50 per car from their costs. I still can't believe the NHTSA hasn't issued a recall.
- thfuran 1y agoWait, how do you honk on a Tesla?
- easton 1y agoThere’s a capacitive button on the newer steering wheels.
- fujidust 1y agoLet me guess, you can pay a premium for the “old” style wheel and stalk?
- brandonagr2 1y agoNo, the horn is in the middle, the capacitive horn only steering wheel existed on early builds of the model S refresh (when plaid was first released), but after ~6 months they added the normal horn back. https://www.tesla.com/ownersmanual/model3/en_us/GUID-DEB259CC-ABAC-4BFC-8D10-B7B1BBCFCB1F.html#D1E5767 https://www.tesla.com/ownersmanual/model3/en_us/GUID-DEB259C... https://www.tesla.com/ownersmanual/models/en_us/GUID-DEB259CC-ABAC-4BFC-8D10-B7B1BBCFCB1F.html#D1E5767 https://www.tesla.com/ownersmanual/models/en_us/GUID-DEB259C...
- 1y ago
- mminer237 1y agoIf EVs in general rose 24% due to rushing to get in before the tax credit ends but Tesla—the largest seller—only saw a 7% bump, isn't that a failure? #2 GM had a 10+% bump. Ford had a 19%. Hyundai, Honda, Kia, and Toyota all rose 60+%. Volkswagen rose over 450%. Sure it's fine in a bubble, but they are doing worse than most other car makers.
- doctorpangloss 1y agoLow baseline, more to gain. Another POV is the measurement is meaningless, and the market seems to agree. The auto industry is a good bet as long as you think Americans of means gravitate towards a car lifestyle, which is almost certainly true.
- diebeforei485 1y agoNo, because Tesla has a much higher baseline
- mminer237 1y agoI mean, they sold 3,500 more cars out of the market's 27,400 bump. GM sold 2,000 more; Ford sold 2,400 more. Even in absolute terms, they're not exactly dominant. They're not dying currently, but they're never going to be more than just another car maker.
- diebeforei485 1y agoThat is basically their goal, which is why they opened their patents and their chargers.
- FireBeyond 1y agoWhy are you calling this a hit piece? It's literally talking about falling market share in the title, which is absolutely accurate. Even the quote you tried to use as evidence of the hit piece says as much: "Sales rise, even as market share falls".
- wilg 1y ago"even has political statements in it" is a wild take. It would be journalistic malpractice to not mention the political context. If your CEO bribes voters to help elect a traitorous pedophile and then personally (and illegally) cuts aid funding directly causing hundreds of thousands of deaths and all of that hurts business, that's something you have to include for context! That's some crazy stuff!
- archagon 1y agoNot to mention promoting full-on white nationalism on Twitter: https://bsky.app/profile/harikunzru.bsky.social/post/3lxrqzmfoi22x https://bsky.app/profile/harikunzru.bsky.social/post/3lxrqzm...