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I'm kicking myself for not selling a year ago
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| TSLA is overpriced. From here on out, it's going to lose markeshare every year. I was going to buy a Ford Lightning, but after the real world reviews (range is lower than advertised), I'm now looking at the BMW iX. |
They will always lose market share, but they will not lose market. They will always sell more cars than the previous year. When you start off at 80% market share, there is no where to go but down. However, there will always be a greater market for EVs. Tesla projects that they will be at 20% market share when everyone else is selling as well. This will still be more vehicles than they sell now (by far). |
At what point does Elon become a liability? How much of their potential market won't buy a Tesla because of him? It seems like their target demographic is well off families who care about the environment. I'm not sure how much longer those people will want to be associated with his brand. |
What's that projection based on though? Teslas have been popular because for a long time they were the only EVs that were any good so if you wanted an EV, Tesla was it. But they have a lot of issues that buyers had to overlook. There are finally other good EVs coming to market and buyers won't have to overlook the big quality issues with Teslas. |
There are many people who see the car as a car and not as being "associated with his brand". It's a decent car all politics aside. Well off families come in all flavors and EVs are not just for families "who care about the environment". Plus it's international in its reach. |
Please explain what those "quality issues" are and how other cars do not have those "quality issues". Have you driven a Tesla? Just curious. |
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^ The initial quality issues have been fixed if you are talking about the panels. Not only have those panels been fixed, but they have leapfrogged over the rest of the industry in the techniques and machinery used in their production. |
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Elon is definitely alienating his core customers. This was before the Twitter purchase even went through.
https://observer.com/2022/08/elon-musk-personal-image-tesla-customer-rating/ |
Well off conservative families buy trucks and large SUVs. Teslas are primarily sold in very blue areas and there are comparable EVs without the political baggage |
Only in America do our cars carry "political baggage". Lots of people buy Teslas because they are fun to drive and they don't really care about politics. In our area, yes, politics are some kind of a big deal. To a lot of people elsewhere, not so much. |
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There are 1.5 million preorders on the cybertruck. Even if only 100,000 buy it, that's a lot. They are also starting to produce the Tesla electric semi trucks. Pepsi has an order. |
It’s got nearly the worst rating of any brand: https://www.theverge.com/2022/6/29/23188085/jd-power-initial-quality-study-2022-tesla-polestar-ev-decline Yes, I actually own a 3. It’s really fun to drive, but it’s definitely lower quality than my Audi. |
This article is comparing ALL cars to each other, not just EVs. Of course EVs have more "quality issues" since they have not been on the market as long. |
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You need to name the "quality issues". The article talks about the batteries, which other cars do not have. |