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If EVs in general rose 24% due to rushing to get in before the tax credit ends but Tesla—the largest seller—only saw a 7% bump, isn't that a failure? #2 GM had a 10+% bump. Ford had a 19%. Hyundai, Honda, Kia, and Toyota all rose 60+%. Volkswagen rose over 450%. Sure it's fine in a bubble, but they are doing worse than most other car makers.




No, because Tesla has a much higher baseline

I mean, they sold 3,500 more cars out of the market's 27,400 bump. GM sold 2,000 more; Ford sold 2,400 more. Even in absolute terms, they're not exactly dominant. They're not dying currently, but they're never going to be more than just another car maker.

That is basically their goal, which is why they opened their patents and their chargers.

Low baseline, more to gain.

Another POV is the measurement is meaningless, and the market seems to agree.

The auto industry is a good bet as long as you think Americans of means gravitate towards a car lifestyle, which is almost certainly true.




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