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Tesla electric car sales plunge again in Australia - Model 3 down more than 81 per cent (thedriven.io)

submitted 3 days ago by [email protected] to c/[email protected]

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Tesla sales plunge again in Australia in February, with the Model 3 slumping more than 81 per cent compared to the same month a year earlier.

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[–] GaMEChld 2 points 3 days ago (1 children)

I just saw this clip yesterday, how far ahead of Tesla they are is ridiculous:

https://youtube.com/shorts/uSfuOf8P_aQ

[–] Mitchie151 3 points 3 days ago (1 children)

Yep, Tesla's early agility and willingness to try outrageous things with the tech in the vehicle is what set them apart but they started a trend that China has gone running with. Now they aren't keeping up on any front and are way more expensive. Not to parrot the typical sceptic too much but I definitely think Tesla is massively overvalued and once people start seeing it as a traditional automotive stock in a market of very capable competitors, the correction will be devastating.

[–] GaMEChld 2 points 3 days ago

Oh absolutely, Tesla has been overvalued for ages, and their Quality Control is trash. I hear they can't even build with consistent tolerances between panels.