Re:Tesla Q1 2021 Results
by jryle70 on Monday April 26, 2021 @11:55PM
(#26951829)
> With everyone coming online in the next couple years, Tesla is going to have very real competition.
This is true, but BEV sales is currently only 3% or so of the total automobile market. There is so much room for growth. Tesla, VW, GM, and practically all major automakers pour money into BEV not to take a share in the 3% slice of the market.
Tesla will remain the leader in the BEV in the foreseeable future even with more competition. Smaller slide likely, but of a much bigger pie.
This is true, but BEV sales is currently only 3% or so of the total automobile market. There is so much room for growth. Tesla, VW, GM, and practically all major automakers pour money into BEV not to take a share in the 3% slice of the market.
Tesla will remain the leader in the BEV in the foreseeable future even with more competition. Smaller slide likely, but of a much bigger pie.