It’s also worth pointing out that Tesla is selling every vehicle it can make, so it’s not like Tesla is sitting on massive piles of inventory and suffering from weak demand. We don’t know Tesla’s true consumer demand level. However, as Tesla Giga Berlin and Tesla Giga Texas ramp up further, we should get a better idea of how demand for Tesla vehicles is evolving.
I agree with Troy. They are electric cars and they should thus be counted as electric cars in these kinds of reports. Of course, one could certainly compare by vehicle class, but that’s not the task here. These cheap electric cars that have gotten quite popular in China have doors, roofs, cargo space, and are electric — they count.
It’s fascinating to me that Tesla BEV market share has dropped from 25.1% in Q2 2020 to 15.6% in Q2 2022, but that doesn’t come across in the same way at all when you keep in mind that Tesla grew 180.2% in that timeframe. Also, recall that Elon Musk’s own long-term estimate or goal is that Tesla will settle at around 10% of the global auto market.
This doesn't add up. If elonmusk talks 10% of global market it is less than 8million. Doesn't he say 20 million? The global car market will shrink further because cars last longer and are shared more often.
Click-bait! The China numbers include those mini death trap 'BEVs' that are nothing more than wrapped eBikes. Those things account for a massive percentage in the charts. Please remove them and recalculate the market share numbers.
Perfect for FUD master Gordon Johnson to cherry pick forgetting to mention the massive sales increase.
Great news, the master plan is working. The EV revolution is happening.