Comment on Tesla loses EV market dominance, falls below 50% in US [unit sales in 2024Q2]
Neato@ttrpg.network 2 months ago
Good? Even if Tesla wasn’t shit it’s probably for the best if one company doesn’t make up the majority of an industry.
Comment on Tesla loses EV market dominance, falls below 50% in US [unit sales in 2024Q2]
Neato@ttrpg.network 2 months ago
Good? Even if Tesla wasn’t shit it’s probably for the best if one company doesn’t make up the majority of an industry.
ji17br@lemmy.ml 2 months ago
Surprisingly their sales have actually gone down YoY, and considering the hugely growing EV market, that is hard to do.
sugar_in_your_tea@sh.itjust.works 2 months ago
Idk, the EV market has stagnated quite a bit, which is why used EVs are getting a lot cheaper. They just don’t have the range for broad market appeal, so those who want them largely have them.
It’s still growing, but a lot of EVs are sitting on the lots longer instead of being a waitlist. Essentially, supply has caught up with demand.
Jakeroxs@sh.itjust.works 2 months ago
I wouldn’t say supply has caught up with demand, there’s a lot of other factors that contribute to people WANTING an EV, but being aware that it’s not feasible yet for them due to things like average price, charging access issues, etc.
sugar_in_your_tea@sh.itjust.works 2 months ago
That’s a demand issue then. The supply has saturated demand at current prices, so prices need to come down to align with demand at lower price brackets.