this post was submitted on 10 Jul 2024
56 points (86.8% liked)

RealTesla

487 readers
1 users here now

  1. Posts must be about Tesla, EV, or AV
  2. Meta Posts must be pre-approved.
  3. Shitposts are limited
  4. No Elon Worship
  5. All Links must include the original title of the Content
  6. Sites behind Paywalls must have text included.
  7. Don't be an asshole
  8. No Image Posts

founded 2 years ago
MODERATORS
dragontamer
[email protected]
56
TESLA'S MARKET SHARE OF ELECTRIC CARS IS COLLAPSING (futurism.com)
submitted 5 months ago by dragontamer to c/realtesla
10 comments fedilink hide all child comments
 

But even as sales for EVs are reaching record highs, Tesla's control over the market is starting to seriously wane, slipping below 50 percent in the second quarter of this year, the New York Times reports. Tesla represented 49.7 percent of EV sales over that period, down from 59.3 percent in Q2 of last year.

So EV market has grown, but overall sales of Tesla have declined in both Q1 and Q2 this year compared to Q1 and Q2 respectively of 2023. I feel like "collapsing" is hyperbole though, but that's what the article says. (And clickbait attracts more clicks right?)

you are viewing a single comment's thread
view the rest of the comments
[–] Bosht 3 points 5 months ago

There's some pretty easy logic to follow here, the most obvious being that Teslas aren't an affordable EV. They're sports car pricing. When you're the only player, sure, but anyone else releasing EVs, especially 'economy' types, are going to win customers. Then stack on top of that anyone that's been following current events probably is going to shy away from the Tesla brand knowing it's owned by Musk. Idk, article is very sensationalist about the title when in reality this makes perfect sense. Oh also side note fuck billionaires.