Honestly, this downturn in profit is not surprising. (Copying from the other thread)
- A lot of Tesla competitors have caught up (outside of self driving) and energized their sections of the EV market. I see way more Korean EVs on the road than ever before for example.
- EV growth is slowing due to various factors, but so are cars in general due to economic issues.
- Elon opened up the NACS as a gambit for not having to change their own chargers. NACS won, but a lot of prospective EV buyers are waiting for NACS native vehicles from other manufacturers.
- Elon has really alienated massive chunks of the EV demographic. Identity politics are inherently tumultuous.
As a launch batch Model Y owner myself, I’m definitely looking elsewhere whenever this car needs replacing. I want more comfort and just a better driving experience (turn signal stalks, an instrument cluster etc in the more accessible models) and the only reason I went with Tesla is the charging network is unmatched in NA.
I do not have a very rosy outlook on Tesla as long as Elon remains in charge. He got it where it is, but he’s increasingly a liability.
> - A lot of Tesla competitors have caught up (outside of self driving) and energized their sections of the EV market. I see way more Korean EVs on the road than ever before for example.
Mercedes already have certified level 3 self driving. (With some caveats, but that’s more than any of Tesla offerings)
- A lot of Tesla competitors have caught up (outside of self driving) and energized their sections of the EV market. I see way more Korean EVs on the road than ever before for example.
- EV growth is slowing due to various factors, but so are cars in general due to economic issues.
- Elon opened up the NACS as a gambit for not having to change their own chargers. NACS won, but a lot of prospective EV buyers are waiting for NACS native vehicles from other manufacturers.
- Elon has really alienated massive chunks of the EV demographic. Identity politics are inherently tumultuous.
As a launch batch Model Y owner myself, I’m definitely looking elsewhere whenever this car needs replacing. I want more comfort and just a better driving experience (turn signal stalks, an instrument cluster etc in the more accessible models) and the only reason I went with Tesla is the charging network is unmatched in NA.
I do not have a very rosy outlook on Tesla as long as Elon remains in charge. He got it where it is, but he’s increasingly a liability.