Elon Musk started a price war that Tesla can't win
Elon Musk started a price war that Tesla can't win
Tesla has spent the past year slashing its prices to try and drive away the competition. That's a losing strategy.
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Interesting that EV sales aren’t growing as fast as expected, I wonder if that might be because people can’t afford houses and apartments aren’t incentivized to install charging connections.
And a lower end model requires a 7 year loan.
We are still in a parts scarcity in all industries. It's driving up prices and lead times.
People do want to buy, but everything is so inflated, smart people are holding off unless absolutely necessary.
Regular ICE cars are still selling well though.
https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month
is there a dataisugly community on lemmy?
From that link, an EV had the highest growth, and every pickup was down.
Link says GMC Sierra was up 13.4%?
GMC Sierra hasn't needed price cuts either this year...