04-22-2025, 12:04 PM
kj wrote:
Well most people in the US want gas cars, and that’s what they’ll get. Eventually they will insist on allowing China into our market, and we’ll make China even stronger.
Not really. I think most people just haven’t driven an EV yet. Tesla at best could supply about 5% of domestic demand with current domestic production capacity if we tried to switch entirely to EVs. GM and Ford make a tiny fraction of what Tesla make for EVs. It stands to reason that EV supply and demand will continue to chase each other until the population realizes the better solution. The media keep screaming that the sky is falling for Tesla but it’s really just the EV market taking share from ICE. I won’t be surprised if Tesla sales are down this quarter but they’re not dropping significantly. GM and Ford are still making about 2-3 weeks worth of Tesla’s production, but to their credit, they are growing EV production and sales. That means logically that Tesla’s market share is shrinking but Tesla still dwarf Ford and GM. I think VW and BMW even increased their EV sales lately.