It will be interesting to see how long they can use the "only approved repair centers or the warranty may be void" stance as regulators take notice, much like Apple.
They already have the best selling car in the world. While GM is hand building a $350K electric Cadillac Escalade, Tesla is focusing on the affordable model 2.
Except BYD sold more EVs than Tesla in 2023. It will be interesting to see if they can pull of the Model 2 and when it finally comes out.
Rivian and lucid are both bleeding money.
So did Tesla for about 10 years; and Tesla's gross and operating margins have declined. I think we've seen peak Tesla, and while they my stick around long term they are going to face major challenges as competition increases.
These majors have to be in the $25k range and drive like something worthwhile. A $60,000 be isn’t the idea of mass affordability.
Tesla isn't exactly in that range either.
And they are not for mass consumption. Sure you want to spend north of $70K on an ev go for it. But tax credits are great as well.
For me, Tesla's are to bland, and the truck too weird. The Mustang, Lightening and BMWs are more to my taste.
live in the state that is third in ev adoption. Everyone I know that has an ev also has l2. One has to know how to plan for a trip in an ev, similar to a gas vehicle.
With a gas vehicle you don't need to plan fuel stops and can be in and out quickly. Not so with an EV, and tehre is no assurance the chargers will be viable and working, and you can't just go across the street to another. Nor do you have to worry about how you will charge at your destination. The infrastructure issues are holding them back.
I know people say it, but that doesn’t mean the masses believe it.
Given the adoption rates and companies slowing plans seems to point to many people not wanting an EV, and
charging concerns, as well as price are major reasons. As the rebates go away there will be large real price increases even if the sticker price is the same. Friends that have the also complain the insurance is significantly higher.
PHEVs are the worst of ice and bevs combined.
Depends on the use case. For local commutes they offer electrical as for long trips no charging concerns.
I love driving my Tesla model 3 long range. It’s my daily commuter. Costs about $1 a day. And after all credits $38K. My spouses crv was over $36k.
That's great. The thing about the credits is as the go away Tesla is either going to have to cut prices or lose sales. Price cuts are great but that hurts the resale value of used ones, rising the TCO.
From a power industry perspective, as adoption increase it will strain the grid and require new plants; and I suspect you'll see more nighttime peaks and higher prices for electricity.
I think EVs are the future, but there's a lot of things that need to happen before they become mainstream; it's not just build them and they will come.
