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The declining sales is a concern. Was curious though so I looked it up and Tesla is currently selling more than Volkswagen, Ford, Rivian, Mercedes, and Toyota c
by renewiltord 10mo ago
The declining sales is a concern. Was curious though so I looked it up and Tesla is currently selling more than Volkswagen, Ford, Rivian, Mercedes, and Toyota combined. Interesting.
The big dog is BYD though. Twice as many as 2nd place Tesla.
- foobarian 10mo agoFigured that metric is for EV only, which is not that surprising. But even for overall sales it's #11 on the list for first 3 quarters of 2025, which is not too shabby: https://www.carpro.com/blog/2025-year-to-date-u.s-auto-sales-results https://www.carpro.com/blog/2025-year-to-date-u.s-auto-sales...
- andsoitis 10mo ago> Figured that metric is for EV only, which is not that surprising. But it is stunning that legacy automakers are sticking to fossil fuels.
- LunaSea 10mo agoThe infrastructure just isn't there to make EVs interesting for a lot of people in the US and EU. They also know that this means that the EU will push the target date for the end of fossi fuel cars.
- riffraff 10mo agoThe problem is Tesla's valuation is overpriced even if they owned 100% of the car market, their P/E ratio is > 300. "But it's high margin", sure it is, but so is Ferrari, and their P/E is 30-40.
- andsoitis 10mo ago> Was curious though so I looked it up and Tesla is currently selling more than Volkswagen, Ford, Rivian, Mercedes, and Toyota combined. Interesting. Indeed. Global 2024 data shows Tesla selling about 1.8M. EV's only by that group of automakers comes to around 1.5M. Toyota and Ford are hybrid-first, not EV. VW is the only legacy automaker that comes near Tesla's EV scale. Mercedes prioritizes margin over volume. Rivian is capacity-limited.
- bagels 10mo agoEVs or vehicles generally?