▲ | SideburnsOfDoom 3 hours ago | |
OK, but that doesn't invalidate anything that I said. I discussed what I see, that's inherently local not global. There could be places where Tesla sales are slowing down, even if they're net growing globally. Local is London, UK for me, btw. I discussed Tesla's as a % of EVs total. A brand such as Tesla could still be e.g. growing sales at 5% per year, but if the EV market is growing at 10% per year, they're still becoming a smaller % of the total number of EVs on the road. The more interesting trend to me is the proliferation of many different EV brands. Time was when Tesla was the only EV. Then there were a few challengers. Now it's all-in from traditional German brands such as BMW and VW, The Korean Hyundai-Kia group have a lot of new models, through to BYD and the other Chinese newcomers. Even Toyota and Skoda are there now. I think that something like this Tesla "relative decline even as sales grow" is happening, and this is a natural consequence of the EV market diversifying and maturing. If you really want an EV it doesn't have to be either Tesla or Nissan Leaf any more. There are lots of options and ruling out one specific brand for whatever reason is not going to prevent that. If you want records, I'll note that 1) The largest EV maker by worldwide volume is now BYD and 2) BYD is pushing hard into the UK market, and others. It's early days for them in the UK, more so for the other Chinese newcomers. I'm sure you can understand local growth vs. global growth when you look at BYD: They are number 1 globally, but have negligible EV sales in the USA. And BYD being number one globally underscores that, in a growing market, Tesla can have a record quarter and still be losing % share of the total market. "Chinese EV giant BYD sees UK sales soar" : https://www.bbc.co.uk/news/articles/c3w5jl2jgqwo |