Tesla is failing harder than the entire rest of the market is succeeding, combined.

2 years ago by poVoq to c/electricvehicles

Attached: 1 image This is a remarkable graph. You might have heard that "EV sales are slumping", "people are starting to avoid EVs", etc. That's not what's happening. What's happening is "Tesla is cratering so hard that it's skewing the aggregate market data." Or, put differently, "Tesla is failing harder than the entire rest of the market is succeeding, combined."

sabreW4K3 19 points 2 years ago

Makes sense given that they're now pivoting from automobile company to artificial intelligence, which is a bubble and on top of that, they've just given the CEO a 50 billion pay packet. They'll stabilize in a week or so.

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Cikos 13 points 2 years ago

being the first does not guarantee success, people were saying that unless tesla fix their QC problem, legacy carmakers will overtake them. guess they're not fast enough or even care.

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dylanmorgan 4 points 2 years ago

There’s a real value in knowing how the other parts of a car go together. There’s a value in having a QA team in place that only needs to adjust to a different power plant rather than learn how to QA for a completely different product.

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kevlar21 10 points 2 years ago

I hate to point this out because fuck Elon but it looks like despite sales falling drastically, they still sold over 6 times more than their next competitor.

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squidspinachfootball 3 points 2 years ago

I'm not sure where the "failing harder than the rest of the market is succeeding" comes from either. At least based on volume of sales from the table, the sum of the changes between 2023 and 2024 (27,261 excluding Tesla) is bigger than Tesla's change (-21,443). But I haven't proper done math in a while, if anyone could correct me that'd be a great refresher.

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Marthirial 6 points 2 years ago

Until Tesla is no longer controlled by the major nepo baby in history, it will continue to be a fad and meme car without future.

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BradleyUffner 6 points 2 years ago

Almost like giving Baby Musk a 50 billion dollar binky was a really stupid business decision.

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