I’m sure there will be someone to lick up Elon’s Nazi tears
giving elon another bonus should fix it
Tesla will probably be a case study one day in how to get the lead in a market that is hard to break into and somehow squander it.
Are we all pretending that the investment in Tesla was organic and for the company?
You guys have seen the man with creepy world leaders. Multiple countries investing in and pumping Tesla stock to get favors from Elon is PRETTY BLATANTLY what’s going on.
the problem is tesla basically got in early and did literally nothing to actually innovate and improve
They did that prior to Musk getting involved.
So is the shares increasing cause of the Chinese EV tariffs?
The lack of CarPlay/Android Auto makes Tesla a non-starter
Tesla’s sales in the second quarter of 2024 fell to 49.7 percent of all US EV sales.
Unless the other 50.3% were of a single company, which i highly doubt, i fail to grasp how Tesla lost market dominance.
chinese EVs are cheap, plentiful and work just as fine as teslas
And aren’t for sale in the USA. If they were Tesla would have lost that 50% a few years ago.
That said overall EVs are taking up a larger part of the overall market, so this is just a headline number. This was always going to happen as the other manufacturers started making competitive EVs.
They lost dominance because they aren’t the majority anymore, just the plurality. It’s not a hard concept.
Their point was clearly that they are still the majority out of all other companies in comparison, just not the most compared to literally the aggregate of all other manufacturers.
That is the definition of plurality.
Right but I’m not sure why you said, “It’s not a hard concept” when the person was responding to the headline that says they lost market dominance, when that seems a bit misleading.
I think the statistical nature of the comment you’re replying to kinda flew right past you.
Elon Musk Will Reinstate Neo-Nazi on Twitter https://lamag.com/internet/elon-musk-will-reinstate-neo-nazi-on-twitter
Elon Musk expresses support for antisemitic post on X, calling it “the actual truth” https://www.cbsnews.com/news/elon-musk-antisemitic-comments-x-post-actual-truth/
Can’t send links to actual tweets as the site is terrible now and won’t let me enter it without an account. The second link is notable for promoting anti-Semitic conspiracy theories, like the Great Replacement.
Good? Even if Tesla wasn’t shit it’s probably for the best if one company doesn’t make up the majority of an industry.
And normally this would be good for Tesla as it’d indicate the industry is growing a lot. So even if they aren’t most of it their total sales would probably increase.
Surprisingly their sales have actually gone down YoY, and considering the hugely growing EV market, that is hard to do.
This is not surprising. When Tesla started out they had not much competition. Now that all the other carmakers have entered the market it is much harder to maintain their lead. Tesla losing market share was pretty much to be expected and Musk alienating their customers and the laughable Cybertruck certainly did not help.
When Tesla started out they had not much competition.
Half the joke of the company was how they stepped in and bought a bunch of the EV-1’s patents and plant infrastructure for a song, then spun around and sold EV production credits to the Big 3 auto companies so they could greenwash the SUV industry. Had GE simply kept turning out EV-1s, they’d have cleaned up during the late Bush Era gas price explosion. Instead, Musk got top dollar to churn out heavily subsidized sports cars while racking in government subsidies and deposits on cars that wouldn’t be built for half a decade.
Musk alienating their customers and the laughable Cybertruck certainly did not help.
Americans have a downright neurotic fixation on big trucks. I don’t think his Cybertruck idea was necessarily all that bad on its face. But he’s so fucking slow, he’s such a shitty product manager, and he was so heavily derailed by the promise of Robotaxis that Ford and Rivian beat him to EV Truck delivery.
Now his brand new flagship vehicle is barely more than a punchline.
i saw a Hyundai Ioniq6 this morning was like, damn! They have great performance, great reviews, and great warranties. they’re nice on the inside, too.
can’t remember ever thinking that about a Tesla
I have a 2017 ioniq hybrid and I’ve been happy with it.
I was referring to a 2024 Ioniq6. I saw this and was obsessed all day. This car was hot. I especially liked its backside.
It’s an automotive design trend I’ve seen for 2 decades in the Mercedes CLS and CLA series, and even as far back as the original Infiniti i35 back in the mid-90s. The whole body of the car is just one big arc. I love it. It”s so elegant and sporty.
I saw a KIA the other day that I was surprised looked as slick as it did. Decided to look into it and saw a lot of positive reviews from owners. Was refreshing to see, but definitely surprising. The market is definitely changing and evolving. Tesla isn’t the only game in town.
exactly. next to every other car company, Tesla looks like it’s been standing still for years.
and that’s not even considering the toxic association Musk brings…
I have a friend who got a brand new EV6 and LOVES IT. He’s the absolute last person I’d expect to love Kias, his previous car was a Lexus SUV. And he loves everything about his EV6 and would buy it again ig. So yeah, the company does seem to be different these days
A couple of years ago KIA hired new designers and changed their logo, they basically turned from being the butt of a joke to one of the hottest car makers around.
I weirdly love their logo.
I didn’t know Nine Inch Nails was making cars. It’s a big change but I know Trent and Atticus can get it right
KN
Kia poached their designers from Audi of all places.
This is the best summary I could come up with:
“EV sales exceeded expectations during a record-breaking quarter,” said Cox’s industry insights director Stephanie Valdez Streaty.
Much of the growth in electric vehicle sales is due to new kit from General Motors, Cox said, with additional strong showings from Ford, Hyundai and Kia.
A recent study on EV adoption from Cox reiterates those points and predicts US car buyers are keen on electric tech.
Increased competition “is leading to continued price pressure, helping push EV adoption slowly higher,” she opined.
2024 hasn’t been a great one for Tesla, which has seen worsening sales declines, an arson attack, mass layoffs, fallout from the Cybertruck launch and more lawsuits than you can shake a stick at - and all that’s before the troubles owner Elon Musk has caused for the company.
It’s not clear how far that market share could dip in coming years as EV buyers begin to migrate away from startups toward companies with established histories.
The original article contains 638 words, the summary contains 156 words. Saved 76%. I’m a bot and I’m open source!
arson attack
😮 What? I missed some juicy news, I see.
This deserves a pay package in the billions.
Its all good, Elon got paid.
If that was the cost of BEVs getting a toehold in the auto industry…
… Nah that still sucks, bad deal
If I wanted a death trap I’d buy a Ford Pinto!
Credit where credit is due, Tesla makes some of the safest cars on the road if we exclude the Cybertruck.
What other company sells cars that self-drive themselves into fatal collisions?
I’m talking about crash ratings but as far as I know actual collisions data is in favor of Tesla vs non-self driving/assisted driving cars.
because that 3 1/2 ton monstrosity will absolutely demolish anything it collides with.
The cybertruck seems ultra safe for the driver. RIP to who gets hit by it, though
It actually doesn’t absorb the impact well because it’s too rigid
not to mention that having 3 1/2 tons slamming into you at however-many mph tends to end poorly, regardless of the crumple zones on your car and especially when it’s mounted that high up.
Good, tesla looks like a shit.
