CNN's answer to the question: 'What's wrong with Tesla'
cnn.com
cnn.com
I think other manufacturers are eating into Tesla's share because they also make cool cars with interesting value props. I don't get why, but people seem to love the Porsche EVs. Tesla is no longer the only upscale EV with great range, and self-driving isn't honestly a huge enough draw for customers compared to the competition.
There's also been some reliability issues with Teslas (not the batteries, more like the doors, paneling, etc.) that the seasoned vehicle manufacturers can prevent better and handle better if they do pop up
> Some automakers, including Audi, BMW, Mercedes and Rivian, are reporting EV sales growth of more than 50% over the past year, noted Stephanie Valdez Streaty, an analyst with Cox Automotive, in a presentation summarizing industry trends in the new year. Ford later said its EV sales were up 86%.
“Looking at the data, the big [EV] slowdown is shaping up to be a Tesla slowdown,” said Valdez Streaty.
Tesla has something like 55% of the US EV market in 2023 so a competitor growing 50% would account for the same amount of additional sales as Tesla growing at about 5%.
Tesla is protected from Chinese competition in their home market and is riding the wave with Chinese manufactured cars with Chinese batteries in the rest of the world.
Tesla's main product has been stagnating for years, the bespoke auto-pilot still very much out of reach. Tesla factories continue to be ecological and labour "pain points" (at least here in Europe) and Elon engaging in censorship, sloganeering and generally examples of poor human behaviour across all his companies is really not helpful.
Of course people will notice and perhaps overpriced EVs is not what everyone wants after all.
We arrive at the real reason for this article. Lots of articles recently about Tesla’s performance. And, they all casually mention Elon’s views as a culprit. I don’t buy it. I suspect this is part of some campaign due to the events of Twitter/X.
Tesla’s performance is the result of something else. I’d like to read an article that does some investigation rather than speculation.
Why would the two phenomena not be connected?
Now that he is Enemy for the media; neither he nor his companies can be reported to have done anything right (cf Starship tests).
This really is the level of sophistication the media runs at. Kindergarten personality dramas.