Why Tesla’s Market Share Is Set To Plunge In 2023

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Why Tesla’s Market Share Could Plunge In 2023

showed that Democrats are two and a half times as likely as Republicans to consider purchasing an EV. Consider, for example, that staunchly Democratic California alone had more than a third of all new EV registrations from January through September of this year, versus 7.4% for Florida and 6.4% for Texas.

There are a couple of things in Tesla’s favor, though. One is that Tesla’s competitors are still racing to catch up. There just aren’t enough alternatives to meet demand if a substantial fraction of potential Tesla customers decide to look elsewhere. Further, there are still supply chain constraints that continue to hamper the ability of car makers to ramp up production.

 

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Shares don't just plunge! This is speculative journalism. The forces that drove that share price up are still in play. It is a general thing affecting all the S&P 500 companies.

Or, why u all hope it does, Elon will be the first king of the world, deal with it!

This is really beautiful

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Short the stock. Get rich.

Lately, every analysis, about everything from pretty much every news outlet was downright wrong.

'I know people who cancelled their orders' what a brilliant journalist seems like great fundamental analysis

FCK Christmas. If you agree I wanna follow you

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Why 2023 will be like 1967’s ‘Summer of Love’ for the stock marketI can’t promise another “Summer of Love” for 2023 when it comes to sex, drugs or rock ‘n’ roll. But I do believe the New Year will deliver a surprisingly strong stock market globally. What a shitty metaphor. Summer of love. Others and I were having our asses blown off. While protesters were getting laid and stoned, and military contractors were making military. History repeating itself. Thoughts? In 1967 I was only 6 yrs old, so while I was alive during this time, I obviously didn't have a clue.Then the 70's was a whole other shitshow.Then the 80's when I can say I was actively aware, was awesome. Now here we are and have reversed in so many ways. Gains,now lost
Source: nypost - 🏆 91. / 67 Read more »