Re:Tesla Q1 2020 Update
by clouddrover on Wednesday April 29, 2020 @10:55PM
(#23027005)
> You're also forgetting that what they're selling has no real competition
Europe is the world's second biggest car market after China. Volkswagen Group and the Renault-Nissan-Mitsubishi alliance have both sold more BEVs than Tesla in Europe so far this year:
The coronavirus pandemic is going to put a dent in everyone's sales for a few years but BEV production will continue to ramp up. None of this is surprising. They're big car companies and they sell a lot of cars. The same pattern will play out in all markets eventually.
Europe is the world's second biggest car market after China. Volkswagen Group and the Renault-Nissan-Mitsubishi alliance have both sold more BEVs than Tesla in Europe so far this year:
https://twitter.com/auto_schmidt/status/1250880399137529864
Across the course of the next year or two Hyundai Group will also start to sell more BEVs in Europe than Tesla does.
So far in 2020, the Audi e-tron has sold 3 times more in Europe than the Model S and Model X combined and it has also outsold both models globally:
https://ev-sales.blogspot.com/2020/04/europe-march-2020.html
The coronavirus pandemic is going to put a dent in everyone's sales for a few years but BEV production will continue to ramp up. None of this is surprising. They're big car companies and they sell a lot of cars. The same pattern will play out in all markets eventually.