Tesla sales in Europe plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now
Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.
Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.
They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.
Apart of Elon being idiot why would we even consider buying Tesla anyway? Competition is much better when it comes to things like access to authorized service. Charging network is a non-issue in Europe as we have full roaming and one socket standard and brands like Kia, Mercedes or even BYD have competitive prices while all being great quality.
According to Tim Urban's blog article on Tesla and Muck from 2015, one of Muck's stated goals was to jumpstart the other auto manufacturers into producing their own EVs to accelerate the trend toward a more sustainable energy future. Whether that was true then or now is irrelevant, but it is nice to see EVs of many brands being made and purchased. Obligatory Fuck Muck, existential disappointment that he will forever be.
The current move towards electrification would not have happened or would have taken a lot over without Tesla. The Model 3 really was a huge breakthrough by showing that you can build a car that people actually want to drive and make it affordable. That pretty much made all the excuses of the incumbents moot.
I don't think the 3 was a huge breakthrough, although it sure appeared to be, the S/roadster was really where it happened. The leaf had been out for several years, granted it had limited range in its first production models. The 3 was only remarkable because it had higher range at the price point, but that was more of a battery technology thing than a Tesla thing, as the bolt and leaf both had comparable range at the same price point around the same time, they just had the baggage of their manufacturers reputations and/or previous model specs holding back their PR.
Last month on my neck of the woods, YoY car sales were up 16% and yet Tesla was down 68% this month alone, while BYD was up 331,6% (yes, 3 digits).
With these changes, Tesla isn't even in the top 10 anymore (at one point it was #2!) and has been leapfrogged by BYD, who seems very likely to continue climbing and break into the top 3 sellers.
It's been a while since I looked at EVs, but my (US) experience at the time was that Tesla was one of very few companies offering sedan-shaped EVs. The US market was full of crossovers & SUVs (like Rivian), and that form factor seems antagonistic to many of the things that make high performance, long range EVs: terrible aerodynamics, high body weight, poor visibility... They're big enough to fill will batteries to compensate for the poor efficiency, but that just raises costs.
Don't know about availability in the US, but at least in Europe there are many, many alternatives out there, both from traditional brands (Mercedes, BMW, etc etc) and more recently, from Chinese brands.
A friend bought a BYD Seal the other day, he got a total bargain for their top version at 41k€, but that got me looking into them, and their lineup is looking pretty impressive.
Like I said, it's been a minute, but BYD isn't available in the US; looks like Mercedes offers 4 SUV/crossover models starting at $55k and 2 sedans starting at $75k; Kia is all SUV; Hyndai has one sedan and two crossovers. Ford is crossover/truck; GM is all SUVs. More than there were, but non-Tesla sedans are still the exception. I'd love to see BYD in the US. Love to see KEI in the US.
The Mini EV is in the US, but its range is just adequate. Then there's older models, like the Bolt or Leaf. Ford has an EV Transit van for commercial customers, but its range also sucks.
Hyundai Ioniq 6 is out there, at least.
Yeah, the US market for EVs is bad. Just SUVs and trucks with few exceptions. Not even a good (mini) van.
I've had a Ford (mid range SUV) and a Toyota (base model sedan) which were both damaged whilst parked, and nobody left a note. Lots of people posting in the community groups about carpark damage and no notes being left, and no luck with local cameras.
And that's a very fair point, but at least around me, the deductible costs about 100€ if someone damages my car while it's legally parked. I'm not going to worry much about someone dinging my car once in a blue moon with that kind of deductible, and I'm definately not going to pay ekstra to get a fancy camera system.
I just took a look on my insurances online calc. I'm contractually guarenteed to not have my rates go up no matter what.that isn't an extra thing, it's part of the base insurance. If I pay 100€ ekstra pr year, they completely remove the deductible from damage to the car while it's parked up to a repair cost of 2000€.
A lot of smart features are not even being dreamed of by other companies... Hell, the most you might get is scanning your phone to just open the car, but not drive.
Tesla is technologically 2 generations ahead. But no one here will admit it. But do go to a dealer and ask how they compare, they at least will be honest. The most honest was Porche in my experience and surprisingly, BYD was good at listing all the things not in their car (with million excuses how it's okay and I'll get used to it).
The worst? Ford. MG also tried to make shit up how it might be added in software! Bitch please, you haven't got over the air updates working.
It's not specifically "the" bar, but the original comment was saying they didn't see how Tesla would even be considered, and I felt this feature is one reason why someone may still consider a Tesla.
For me, my dash cameras have come in handy when my vehicle was running, but the hardwire mode has not been able to handle what I wanted it to. I want my next vehicle (whenever that may be) to be an improvement over what I already have. I have personally had my vehicles damaged more than once whilst it was parked, and I have always parked well. Sentry mode would have been very bloody useful to have the responsible parties pay up. Instead, I was left with a damaged car, which was notably rather heartbreaking when one incident occurred within the first month of ownership.
EDIT: My motorcycle was hit and if I hadn't had known, I wouldn't have been aware enough to take it to the shop to be inspected in case any of the internals had been damaged. Sometimes damage can be internal and without an alert, you would be putting yourself in danger.