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Interesting facts but no opinion as to why? What is your point? Could it be people are fed up with the monopolistic business practices Musk employs?
-45%: Tesla’s profits fell by 45% based on its recent earnings call. The EV maker also dipped below 50% market share in the U.S. for the first time.
He already has made much more than he should by restricting repair and maintenance to the vehicles in only his facilities as well as control of sales even after the sales through the computer apps required to operate the vehicle I believe.If Musk would stop contributing to Trump to get more rich people tax cuts OR take a slightly smaller cut of the profits, maybe Tesla's profits would go up again.
It's because the market is saturated with model 3 and model x. With no new cars in the pipeline now that they killed the model 2 they swear was going to come.Interesting facts but no opinion as to why? What is your point? Could it be people are fed up with the monopolistic business practices Musk employs?
Those Chinese EVs are heavily subsidized by their government. One of the reasons they are so cheap. And for those that are privacy conscious and don't want a modern Internet connected car, why would you want one from a country famous for spying on it's own people?In many ways the decline in profits are directly related to several things...inability to fix those cars in a regular shop, the flood of new better and way cheaper EV through out the world that are being made by China and others..some of the chinese models are UNDER 10 grand and even if one adds the 100% tariff the USA is trying to stick to them they are still cheaper than anything ese on the market for american Ev's...Let's not forget that VW got to be where it is now due to the peoples Beetle
So can gasoline and diesel powered vehicles. The biggest issue is that fire departments don't know how to put them out... and manufacturers rushing to market with new tech. It's the the sort of thing we should expect. It will get fixed soon enough.EV's lithium batteries can cause huge problems when they catch fire.
That is true but 1 kind is much more prone to fires than the other...once they catch on fire...might as well get the hot dogs out and enjoy the fireworksHere's a 'bump' in the road.
EV's lithium batteries can cause huge problems when they catch fire.
Source: https://landline.media/dot-meeting-...ssues-surrounding-electric-vehicle-batteries/
Modern lithium batteries have robust safeguards, and the LiFePO4 versions are very safe.That is true but 1 kind is much more prone to fires than the other...once they catch on fire...might as well get the hot dogs out and enjoy the fireworks
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