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Comment by tinyhouse | Hacker News Reader

The car industry caught up and Tesla is no longer the best electric around. It was just a matter of time on when their valuation would tank.

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No not really. Tesla massively leads in EV deliveries still. None of the other EV manufacturers have really reached high volume manufacturing yet.

BYD

Several Chinese companies build more. And ICE and hybrid car makers like Hyundai and Kia that are now making EVs left and right make a lot of other cars. So it's a little weird to directly compare just a subset of their business. Hyundai and Kia deliver dozens of different models to dozens of different geographic markets. They absolutely have high volume manufacturing, and there is no reason why they will suddenly struggle with producing high volumes of EVs.

>They absolutely have high volume manufacturing, and there is no reason why they will suddenly struggle with producing high volumes of EVs.

The fact that they are struggling to satisfy the demand for their electric vehicles right now is a pretty good reason to believe that.

Is it? The Kia Telluride has been selling above sticker price since it was released a few years ago. The demand is high for almost all their cars.

There was a time where I would have bought an Ioniq 5 Limited (When the credit was still applicable and my used car was worth more) but couldn't find one anywhere. I was willing to pay a mild markup (which many dealers near me where charging).

That’s not true…

VW Group and MG (and some of the other Chinese companies) are all producing EV’ in significant volumes

In VW’s case it’s split across multiple brands but in 2021 they produced ~600,000 cars whereas Tesla produced ~900,000 cars

Are you including PHEVs in that number? If they’re low range in pure EV ability they’re not them the number of batteries is low.

Which is the best electric around then?

I'm sure they'll be beaten at some point, but as it stands, nothing beats the model 3 on range and price. What is your metric for "best electric" here?

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