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dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 2 years ago

Elon Musk started a price war that Tesla can't win

www.businessinsider.com

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Elon Musk started a price war that Tesla can't win

www.businessinsider.com

dragontamer@lemmy.worldM to RealTesla@lemmy.worldEnglish · 2 years ago
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Tesla has spent the past year slashing its prices to try and drive away the competition. That's a losing strategy.
  • dylanmorgan@slrpnk.net
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    2 years ago

    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.

    • ohlaph@lemmy.world
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      2 years ago

      And a lower end model requires a 7 year loan.

    • ShadowRam@kbin.social
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      2 years ago

      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.

      • dragontamer@lemmy.worldOPM
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        2 years ago

        Regular ICE cars are still selling well though.

        https://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month

        • hinterlufer@lemmy.world
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          2 years ago

          is there a dataisugly community on lemmy?

        • conquer4@lemmy.world
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          2 years ago

          From that link, an EV had the highest growth, and every pickup was down.

          • dragontamer@lemmy.worldOPM
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            2 years ago

            Link says GMC Sierra was up 13.4%?

            GMC Sierra hasn’t needed price cuts either this year…

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