I’m part of this graph, sort of. When we started looking for an EV or a hybrid a couple of years ago, Tesla was front of mind. It’s still front of mind, but not for the same reasons.
they are still churning out 140K of these a quarter? And the others seem so paltry numbers wise. I was thinking just this morning on my walk that i cant wait till most cars are electric (as i was choking on the exhaust fumes of some clapped out work ute). I reckon it will be akin to when smoking in clubs got banned - remember when you walked past a place and considered going in and you'd still stink of cigarette smoke in the morning? Such a pleasure not to experience that anymore. I'm probably still going to end up with lung cancer from that stint working in a bar during uni.
As a reformed smoker, I apologise for the stink of cigarette smoke and for the record, I now agree wholeheartedly with banning it. But getting rid of all combustion engines, at least for EVs, is not going to happen until the Deep State releases the free energy technology it has hidden away. Hydrogen powered vehicles maybe. How can I become a cranky grey nomad when I cannot tow my 26 foot van including my cellar with an EV?
I keep seeing posts on Xitter of alleged bumper stickers on Teslas that say "I bought this before we all knew Elon was crazy" and I don't care they're probably fake, I want them to be real.
I'm an early adopter, but of a different make. Circumstances then meant that we bought a petrol vehicle (certainty of range), which I despise with all my soul.
The outlay for our next EV is a couple of years off.
Oh, and hydrogen is just unobtanium (look! 1000km in a single tank) to obscure the fact that we have already got a fuel source in every driveway.
I work near a Tesla dealership and there are loads of them around on the roads. I also work near an Audi service centre so there are loads of Audis around. Anyway, I figure that most EVs aren't for sale in Australia yet, so Tesla is firmly embedded here. BYD seems to be catching up though but they have the disadvantage of being Chinese.
Musk might be a fuckhead, and I'm not entirely sold on electric cars being the great saviour, but man, it is tempting to get a Tesla because the onroad costs are nothing compared to Petrol. It's tyres. Basically you pay for tyres.
I feel its not a bad thing, they were once the only EV game in town. Now there are many other brands EV's around, people are probably just going back what they know. Going to a Tesla from a normal car is a big change for some.
Also Musky being a weirdo doesn't help I guess.
For me, our Y is giving me joy like I had when I drove my first car! I love the blob on wheels. $0.03/km probably helps 😁
EV growth is slowing in general and competition is much stronger. So part of Tesla's decline is to competition and some is due to the overall slowing. I think if you looks at the rate of growth for many of the players that have been in the market it will either be slowing or at least less than their predictions.
The used EV market is not performing well either, which is a bit of a canary in the coal mine.
Is there any data on why the new and second hand EV markets are slowing? Is it reflected in ICE car markets as well due to cost of living and other economic factors not directly related to cars?
I suspect the reportage of slowing of EV markets is, as the screen shot capture above, due to Tesla producing cars at the rate they expected to continue to sell but Elon's business decision mean people are not buy teslas and choosing other EVs (I'm planning a BYD as next purchase) and the other EV producers not able yet to increase their supply bases on the Tesla dominated projections.
I am sure Elon has an impact, but overall interest in EVs had slowed. Other manufacturers that have strong ICE or Hybrid products are starting slow EV production and their switch to full EV product range.
Indeed the head of toyota for a while now has been making odd declarations about hybrid vs EVs. Still I have yet to hear a person with a hybrid or EV declare their next purchase will be an Internal Combustion Engine car.
Toyota are an interesting example, arguably the smartest OEM at the moment. They didn't dive in too deep on BEV and focused on Hybrid. They are also still actively working on hydrogen.
Now more and more OEMs are softening their transition plans to full electric and making plans to extend the life of ICE vehicles. With BEV growth dramatically slowing (within their own brands) and used BEV values falling down a big hole the established players are cautious about putting all their eggs in the BEV baskets too quickly.
they are still churning out 140K of these a quarter? And the others seem so paltry numbers wise. I was thinking just this morning on my walk that i cant wait till most cars are electric (as i was choking on the exhaust fumes of some clapped out work ute). I reckon it will be akin to when smoking in clubs got banned - remember when you walked past a place and considered going in and you'd still stink of cigarette smoke in the morning? Such a pleasure not to experience that anymore. I'm probably still going to end up with lung cancer from that stint working in a bar during uni.
As a reformed smoker, I apologise for the stink of cigarette smoke and for the record, I now agree wholeheartedly with banning it. But getting rid of all combustion engines, at least for EVs, is not going to happen until the Deep State releases the free energy technology it has hidden away. Hydrogen powered vehicles maybe. How can I become a cranky grey nomad when I cannot tow my 26 foot van including my cellar with an EV?
Please tell us you're getting a CyberTruck.
Ok. I'm getting a CyberTruck.
I legit LOLed at this. Which is always fun when I'm at work. People think I'm crazy. Well, more people than usual.
I keep seeing posts on Xitter of alleged bumper stickers on Teslas that say "I bought this before we all knew Elon was crazy" and I don't care they're probably fake, I want them to be real.
I'm an early adopter, but of a different make. Circumstances then meant that we bought a petrol vehicle (certainty of range), which I despise with all my soul.
The outlay for our next EV is a couple of years off.
Oh, and hydrogen is just unobtanium (look! 1000km in a single tank) to obscure the fact that we have already got a fuel source in every driveway.
and didn't force shareholders to pay him big bonus for his 'work' on Tesla recently?
I work near a Tesla dealership and there are loads of them around on the roads. I also work near an Audi service centre so there are loads of Audis around. Anyway, I figure that most EVs aren't for sale in Australia yet, so Tesla is firmly embedded here. BYD seems to be catching up though but they have the disadvantage of being Chinese.
Musk might be a fuckhead, and I'm not entirely sold on electric cars being the great saviour, but man, it is tempting to get a Tesla because the onroad costs are nothing compared to Petrol. It's tyres. Basically you pay for tyres.
I feel its not a bad thing, they were once the only EV game in town. Now there are many other brands EV's around, people are probably just going back what they know. Going to a Tesla from a normal car is a big change for some.
Also Musky being a weirdo doesn't help I guess.
For me, our Y is giving me joy like I had when I drove my first car! I love the blob on wheels. $0.03/km probably helps 😁
EV growth is slowing in general and competition is much stronger. So part of Tesla's decline is to competition and some is due to the overall slowing. I think if you looks at the rate of growth for many of the players that have been in the market it will either be slowing or at least less than their predictions.
The used EV market is not performing well either, which is a bit of a canary in the coal mine.
Is there any data on why the new and second hand EV markets are slowing? Is it reflected in ICE car markets as well due to cost of living and other economic factors not directly related to cars?
Reportedly the 2nd market is slowing due to fear of battery replacement. For many EVs battery life is 8 years and costs 10s of thousands to replace.
Ah, that's an interesting aspect. The range anxiety issue seems to have resolved itself, now it's battery life.
I suspect the reportage of slowing of EV markets is, as the screen shot capture above, due to Tesla producing cars at the rate they expected to continue to sell but Elon's business decision mean people are not buy teslas and choosing other EVs (I'm planning a BYD as next purchase) and the other EV producers not able yet to increase their supply bases on the Tesla dominated projections.
I am sure Elon has an impact, but overall interest in EVs had slowed. Other manufacturers that have strong ICE or Hybrid products are starting slow EV production and their switch to full EV product range.
Indeed the head of toyota for a while now has been making odd declarations about hybrid vs EVs. Still I have yet to hear a person with a hybrid or EV declare their next purchase will be an Internal Combustion Engine car.
Toyota are an interesting example, arguably the smartest OEM at the moment. They didn't dive in too deep on BEV and focused on Hybrid. They are also still actively working on hydrogen.
Now more and more OEMs are softening their transition plans to full electric and making plans to extend the life of ICE vehicles. With BEV growth dramatically slowing (within their own brands) and used BEV values falling down a big hole the established players are cautious about putting all their eggs in the BEV baskets too quickly.
Smartest OEM? More that they are great at lobbying to get countries to slow down emission schemes or reduce taxes on hybrids.
They do make a great hybrid, have been for the last 25 years. Its all they seem to know. Shame they couldn't use that expertise to make a decent EV.
The bZ4x/Solterra if it does not sell well is a great way for them to say "Demand for EV's is declining!" VW did it.
Kind of reminds me of that Principle Skinner meme "Am I out of touch? No, its the children who are wrong"