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Loki-Don t1_iyc7jmj wrote

Losing ~7-8% of market share per year is pretty devastating to Tesla.

Then again, as everyone has been saying for the past decade, Tesla is a business that only exists because the market for EVs was tiny and populated by a handful of deep pocketed early adopters.

Now that the worlds major automakers are in the game, Tesla will be relegated to the 3rd string…if lucky.

I’m awaiting the Audi A6 Etron Avant.

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OriginalCompetitive t1_iycy70f wrote

Tesla sales are growing at an incredible rate, something like 50% per year growth. By far the fastest in the industry. By comparison, many manufacturers’ sales are falling.

Tesla’s falling “market share” is simply the result of the fact that EV market growth is even faster than Tesla market growth. Most of the growth is in lower end vehicles where Tesla doesn’t compete.

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Loki-Don t1_iyd8ewl wrote

When you are only selling ~200,000 vehicles a quarter, the yoy growth rate is immaterial. VW (for example sells ~2.3 million vehicles per quarter.

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OriginalCompetitive t1_iydkd3y wrote

Your claim was that the decline was devastating to Tesla. As to that claim, Tesla’s fast growth is highly material. Whether VW makes more money is irrelevant to whether Tesla is earning money.

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FTR_1077 t1_iydowsx wrote

>Your claim was that the decline was devastating to Tesla.

To be fair, it's devastating to stock valuation.. how much that matters is relative.

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BoatLifeMN t1_iyct7x1 wrote

I like the looks of the Audi but then remembered that Audi/VW are notorious for electrical issues on even their non-electric cars. Hard pass.

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lonewolf420 t1_iyexcc7 wrote

VW really messed up their software in the iD launch, its still bad even a year later.

VW is also the same company that had to be forced to build out their charging infrastructure as a result of Diesel gate where they found them cheating emissions testing via software, imagine that good enough to cheat emissions with software but bad at actually making a decent UX infotainment software.

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DonQuixBalls t1_iyeukq0 wrote

>Losing ~7-8% of market share per year is pretty devastating to Tesla.

Only if you think EVs are not cars. Look at year over year sales across all brands and you'll see them mostly falling. A few are holding ground, or show slight gains. Then Tesla with 50% YoY growth.

They're using the wrong metrics to trick you. Don't let them.

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