The article starts with "Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp downturn in the EV market."
I was thinking, "sharp downturn in the EV market?" So I looked up some stats and found "US EV sales reached 1,119,251 in 2023, up from 760,329 in 2022, 462,247 in 2021, 245,586 in 2020, and 230,761 in 2019."
There's no "sharp downturn". It's just people getting fed up with a fascist spokesperson, a product that has looked dated for years now, and better options available. I wish we still had decent journalists.
I think maybe it's more an overcapacity with more manufacturers getting models out there plus the early adopter market getting near saturated and the rate of growth dropping a lot and that its not fully crossed the chasm to mainstream yet.
So it's not that adoption as a whole is in trouble but more that any one ev maker is going to find it harder to make a lot of sales at the moment.
And it's definitely the case that a big chunk of tesla stock value was tied up with elons brand which is looking more like a problem than a benefit these days.
I was thinking, "sharp downturn in the EV market?" So I looked up some stats and found "US EV sales reached 1,119,251 in 2023, up from 760,329 in 2022, 462,247 in 2021, 245,586 in 2020, and 230,761 in 2019."
There's no "sharp downturn". It's just people getting fed up with a fascist spokesperson, a product that has looked dated for years now, and better options available. I wish we still had decent journalists.