Part of the problem is that Tesla doesn’t really play in the mainstream anymore. The base
is the brand’s cheapest car and it starts at $46,900. That barrier to entry prices many buyers out and that’s to say nothing of the other models in Tesla’s lineup which are even more expensive., Volkswagen, and Nissan all offer electric vehicles at lower price points. Other challengers are coming too.
“Before you feel too badly for Tesla, however, remember that the brand will continue to see unit sales grow, even as share declines,” said Stephanie Brinley, associate director, AutoIntelligence for S&P Global Mobility. “The EV market in 2022 is a Tesla market, and it will continue to be, so long as its competitors are bound by production capacity.”
“Of more than 525,000 EVs registered over the first nine months of 2022, nearly 340,000 were Teslas. The remaining volume is divided, very unevenly, among 46 other nameplates,” said S&P Global. We can imagine that if
This is an expected outcome as more competition starts to flood the market. Especially much better looking options. 😉
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Tesla market share could be dented by cheaper rival EVs - S&P Global MobilityTesla Inc may be losing its tight grip on the electric car market, as rivals try to chip away at its market share with cheaper options. It’s going to collapse due to Musk’s irrational behavior! These numbers don’t add up, they must include the sales of hybrids. For example see their chart below. Ford does not have a non-luxury BEV. Also Tesla is gaining market share worldwide vs all legacy manufacturers combined for at least the last 3 years. News: S&P and/or Reuters lets the interns publish reports! Ford Mach-E, 3rd best selling EV, left off the list of competitors in the Reuters article. Or was it S&P? Or maybe they don't think that the Mach-E is competition?
La source: Reuters - 🏆 2. / 97 Lire la suite »
Tesla still dominant, but its US market share is eroding as cheaper EVs arriveS&P Global Mobility forecasts Tesla's market share will decline to less than 20% by 2025, as EV models grow from 48 today to 159 by then. was this unexpected? Your article presents this point as something that wasn't planned for or expected. Have you never been shopping in America? Give it another 2 years and the market will equalize on like model price points. like you might say , nobody watching and nobody listening GoWokeGoBroke Tesla will lose30% of their marketshare by 2028 when Ford, GM and the Europeans come online with a full lineup
La source: CNBC - 🏆 12. / 72 Lire la suite »
Tesla Leads EV Market Share, But Rivals' Cheaper Models Are GainingTesla has been the EV market share leader by a huge margin for a long time, and that remains the case. However, other brands are starting to make a dent. ATX_fight_club Obviously MaryTBarra3 leads. According to POTUS WhiteHouse , seems Odd Writer_StevenL There's no such thing as EV market share, no matter how much Wall St and the media (and legacy auto, especially) want there to be. It's an artificial construct. There is only vehicle market share, which Tesla and other EV makers have a tiny but growing slice of.
La source: InsideEVs - 🏆 579. / 51 Lire la suite »
Report warns U.S. chip design market share to plunge without government supportThe United States has been a leader in microchip design with dominant companies like Nvidia, Intel and Qualcomm, but it risks a big drop in global market share without government support for the sector, warned a report released on Wednesday. So let it fail, competition is better than propping up another failed company and them handing out golden parachutes. I feel like this article conflates chip design with chip fabrication. I hope US legislators understand the distinction here. Imagine a multi-billion american corporation falling, not on uncle sam's watch! no wonder USA transformed into an oligarchy lol
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Under-$50K EVs are chipping away at Tesla's U.S. market share - AutoblogNew electric vehicles from multiple automakers are starting to chip away at Tesla's U.S. EV market share, according to national vehicle registration data.
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