What will it take to make you seriously consider an EV?

The real reason the cybertruck has been delayed so much is because Tesla realized nobody actually wants that ugly ass thing.

The design was newsworthy in order to bring awareness to Tesla the brand.

It served it's main purpose.

 

Reminds me of the original Hummer -- something fun to drive around for a weekend, but you'd never want it as a daily.

 

Another $1500 increase on the Model Y LR, my mom’s car has appreciated $2K since we ordered it two weeks ago

 

https://electrek.co/2022/11/22/tesla-cybertruck-million-pre-orders-live-up-to-hype/
Largest backlog in history. Deliveries start this year.

 

As predicted. It will keep going up and may even approach the old starting price of $66k eventually.

 

Competition is coming...

https://www.google.com/amp/s/www.ba...ic-vehicle-sales-mach-e-lightning-51675354609

 

As I said a few pages ago, the auto market in general, like the home market, is in trouble. That's what happens when prices and interest rates are both raised without one accommodating for the other's rise.


People aren't going to continue to shell out $60k+ at an interest rate of 6+% once the "new and cool" factor wears off.

 

2023-2025 are key years. The slowdown won't happen overnight as people think..it will be a slow decline. People are in for a rude awakening with the auto and housing market.

That's why Elon's pissed about the feds raising interest rates. He knows these are key years in terms of mass adoption of his cars (and thus growth of his wealth) and he wants consumers taking out low interest loans to fund his shenanigans.

Obviously I am a little biased from a car enthusiast perspective...but I just don't see folks giving up all these brands to hop onto the Tesla EV bandwagon. Your average suburban folks will switch from their run of the mill cars to a 3 or Y but to a lot of people cars are an image thing.

I do wonder (just simply wondering!) if Tesla will become like GoPro. Create a market. Get mass adoption. Then competitors like DJI come out with a much better product. There's just so much marketshare and time left, no one truly knows what 2030+ looks like.

 

Ford should be able to save money by removing exhausts from the factory for the mustangs.
The new owner is going to remove it anyway.

 

https://www.caranddriver.com/news/a40860789/2022-hyundai-ioniq-5-ev-of-the-year/

Presenting Car and Driver's 2022 EV of the Year
If you want to know why the Hyundai Ioniq 5 is our EV of the Year, just look at it.

 

Model Y is sold out for the quarter.

 

Tesla needing 100% of the market share to be deemed successful otherwise it is the next GoPro is such a weird angle. No car company has a greater than 20% market share, like you said the market is too large for one company to take over. Tesla had 80% of the EV market share, as the total market grew, its share fell to 65%. After cutting prices its share will go back up. But in the long run as the entire market converts to EV Tesla’s share will decline to the traditional 20% while the absolute amount will 10x from today’s. Eventually competition will take up 80% of the market. Apple only has a fraction of the market share but the lion share of the profits of its industry, that’s how it’s going to work with Tesla and always was going to be this way.

 

Most posts are you making fun of the competition yet here you are saying competition will make up 80% of the market.

i confused.

 

What’s so confusing? There’s no real competition today especially in western markets, but eventually there will be. The auto market is 100m units a year, there is no way possible that any one company can supply that. I have never made fun of ev players in China which is a highly competitive market that Tesla is fighting tooth and nail for now. The part that confounds detractors is as the total market grows and Tesla’s market share declines, their total units and profits rise. It’s not the next GoPro, it’s the next aapl.

 

Got it. So when you and Space Ghost repeatedly say Competition is coming...you guys do mean it.
I thought y'all were being sarcastic.

 

It is sarcastic. Because when the detractors say that they think it spells the doom for Tesla, it’s been the bear thesis for the last 10 years. When in reality, competition is not here yet, and when it does eventually come it will be a sign of the market naturally maturing as Tesla continues to expand its dominant lead in profitability.

 

Do you think folks are saying it spells doom for Tesla or merely that other options are coming to market? Picture this...there exists a world like you said where 80% are other brands and when one talks favorably of a non-Tesla brand, it doesn't mean Tesla is doomed to fail..
The market is still very young.

Of course folks were bearish on a startup car company going up against the big boys.
I don't think anyone is denying the existence of Tesla or the ability to continue to make cars. Clearly it's valued as such in terms of TSLA prices.

 

Need an electric Ford Maverick instead of an electric F150. I think the Maverick is popular because you can get it with less accessories and extras. A big reason cars are more expensive is because of the all the extra stuff that comes with them (back up cameras, blind spot monitoring, collision warning, 4 wheel disc brakes, etc.). Its not like the same vehicle from 10 years ago is just more expensive, manufacturers are adding a lot to cars (sometimes due to government regulations for things like MPG mandates, etc. and sometimes just to charge more).

With electric cars they're adding even more. Just seems like "normal" people can't really afford this. How many people are out there buying just a 5k car because that's what they can afford? They're never going to be in the market for an EV.

 

@CXbby someone somewhere is finally starting to get it. Long ways to go though.

 

Exclusive: To tap U.S. government billions, Tesla must unlock EV chargers