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If 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
by mminer237 1y ago
If 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.