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A comment on Michael Burry warning of the biggest market bubble in history. Parent comment

Re:Michael Burry warning of the biggest market bubble in his... by aeternum on Wednesday June 16, 2021 @06:28PM (#27534193)
If the EV market continues to grow by 173% YoY and Tesla continues to lead sales, then it's unlikely the market will demand real revenue for quite awhile. Investors are quite happy with companies that can maintain that kind of growth.

https://insideevs.com/news/504647/global-plugin-sales-march-...

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Re:Michael Burry warning of the biggest market bubble in his... by rualca on Wednesday June 16, 2021 @07:38PM (#27534725)
> If the EV market continues to grow by 173% YoY and Tesla continues to lead sales (...)

Tesla's market share is dropping, and it just tanked to its lowest level in two years.

https://www.businessinsider.com/tesla-market-share-april-low...

https://www.bloomberg.com/news/articles/2021-06-02/tesla-hea...

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Re:Michael Burry warning of the biggest market bubble in his... by rad_gruchalski on Wednesday June 16, 2021 @10:28PM (#27535627)
VW now sells more evs in Europe than Tesla. Tesla will not be able to compete with legacy (lol) manufacturers. BMW, Daimler, Toyota and GM are not sleeping either. The fall of Tesla will be of epic proportions.
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Re:Michael Burry warning of the biggest market bubble in his... by aeternum on Thursday June 17, 2021 @12:00AM (#27536024)
It's true that VW sells more in Europe, but is Model Y generally available in most European countries yet?

Given sufficient demand, it makes more sense to sell cars locally vs. pay export and tariffs. If Tesla is still not able to compete once the Berlin factory is up and running, then I concede the point.

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