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“Tesla sales rose 7% even as market share fell”. So they’re still selling more cars, but there’s hotter EV competition. I thought that was the goal.
by tonymet 1y ago
“Tesla sales rose 7% even as market share fell”.
So they’re still selling more cars, but there’s hotter EV competition.
I thought that was the goal.
- scotty79 1y agoI thought the goal was to give Musk 50bln before bankrupting the company.
- mandevil 1y agoIt's complicated. Tesla sales rose 7% in July, month-over-month, but the expiration of subsidies hangs over the whole thing. This factor caused total EV sales in the US to jump 24%, month-over-month, as a whole bunch of sales got pulled from future quarters to the present. But because of the expiration of subsidies, those sales that got pulled ahead into July will probably not be there in September or October. This is why outside analysts expect that for 2025 as a whole, Tesla car sales numbers will decline versus 2024 as a whole. 2024 for Tesla as a whole, incidentally, was a 1.1% sales decrease over 2023. Two consecutive years of sales decline is a big warning sign, especially for a company that is considered a growth stock.
- tonymet 1y agoI agree , but I still feel picking and choosing indicators is misleading. A story includes many observations . You did a better job
- JumpinJack_Cash 1y ago> > I thought that was the goal. It was the goal to say it out loud to the press and on twitter to gain sympathy and stand tall on the moral high ground.
- tonymet 1y agoNo i mean the goal that private companies and public policy makers are aligned to expand EV market share. Billions (almost trillions) are being blown to make that happen.