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Cake day: June 30th, 2023

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  • As much as I hate elongated muskrat, this is Not a very good article, doesn’t really explore the reasons behind the fall and instead pushes a narrative.

    AFAIK there is an overall decrease in EV sales, Tesla is also announcing the new Model Y soon which is probably having a hold off effect for new buyers, either looking for the newer model or a good deal on the older model.

    And the viable alternatives from the competitors will also eat into their sales more than anything, Renault R5, new Fiat Panda, new Citroen EC3 that starts from like 20k.

    Those who wanted a tesla likely already have one, the rest are taking the alternatives, that are either smaller or better built.

    Tesla is going from the EV to get to a niche pick for people who like tech and fast acceleration over comfort, affordability.