For all the hype about EVs, half of Teslas lineup is not selling well and is actually down YOY.

Outside of Tesla, there is no successful/profitable EV model for any automaker.
GM just cancelled the Bolt after it already cancelled the Volt lol.

Most ppl can just buy a Prius and never worry about range or high cost. Its much cheaper than true EV as well.
The EV hoopla is just marketing bs - hybrids offer better solution for most at a significantly lower cost.

 

I'll have to disagree. The numbers are growing over 40 percent YoY for Tesla. Go check the Tesla Business thread where the numbers have been posted.

As far as the Bolt, it had a pretty successful 7 year run. The problem is that it used to be the cheapest EV on the market, with EUV being in demand, but it can no longer compete with the Model 3, in price or performance. GM barely eks out a profit from the EUV. GM can't afford price cuts on it

Lastly, I don't mean to put hybrids down, but they are boring as hell and have no power. No way can I live with one. Also if you compare the new Prius with the Model 3 with the current pricing, over 5 years it's cheaper to own and run than a Corolla. No maint, no complicated hybrid drivetrain. Model 3 gets 120 MPGe while Prius gets 50 or 60 MPG. It's a no brainer for me. I can post all the numbers if you want

 

Mobileye shares plunge

• Mobileye now expects lower revenue and a wider operating loss in 2023, in part because of Tesla’s EV price war in China.
• Several Chinese EV makers are key early customers for Mobileye’s newest and most advanced driver-assist system.
• But things should look up later in the year as Polestar and others begin shipping new cars with Mobileye’s tech, the CEO said.

How can Tesla's price cuts cause Mobileye's business to go down? Unless other EV makers in China are seeing lower sales as a direct result of Tesla as far as I'm aware that is not happening.

 

Looks like more price cuts coming to move growing Inventory.

https://www.autoblog.com/2023/04/03/...may-be-needed/

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GM has realized that the lower end EVs are a hard sell. Not much to gain by spending big money to redesigning the Bolt

100% agree . $1000 a year operating costs of fuel. Most people would find a hybrid as a better solution. (I would just rather have a gas only for me)

 

These same analysts predicted Tesla would be out of business and lost out trying to short TSLA. I trust them as much as I trust a fly not landing on poop. If I had listened to these "experts", I would have sold off my TSLA back in 2020 and lost out big

 

Most people are not finding them a better solution, Prius sales have cratered.



source

 

Again no offence to those who want to drive a hybrid, that's your prerogative, I'm not going to criticize you for buying or driving one, but for me, no thanks. If I want to put myself to sleep, I'll take an Ambien, thank you

 

Yeah, Ford should be really lecturing Tesla, a company that has a larger market cap than the "big three" combined...

Ford CEO warns Tesla about ‘product freshness,’ believes their EVs are becoming commodities

Ford CEO Jim Farley is warning Tesla about “product freshness” as he believes Tesla’s electric cars are at risk of becoming commoditiesThe CEO believes that cutting costs and prices is only part of the equation to create demand as he warns Tesla CEO Elon Musk that if they focus only on that, they will have a problem with “product freshness”:

"I think what he’s going to learn is product freshness means a lot. The product gets commoditized and then you lose your pricing premium. That’s a really dangerous thing"

https://electrek.co/2023/04/28/ford-...v-commodities/

 

This is about the same foot in mouth moment as when Peter Rawlinson of Loooocid Moowtors said only one company has production hell taking a shot at Tesla. Then proceeds to go through production hell and has yet to get out of it. Especially egregious by Farley since his company loses $20,000 on every EV they sell I'm betting he would be much a happier with having a "commodity" lineup and make $10,000 per car.

 

Farley is trying to protect Fords only cash cow: their F150. With new cafe regulations and the push on EVs, it's a direct threat to them, so the more they can delay things until they figure out how to make $$ on the Lightning, the better for them. Kind of the same with Toyco, but at least Toyco has a diverse portfolio to get by for now...

 

People have realized that hybrids have all the drawbacks of both ice and EVs: heavier, slower, more maintenance, more complicated, more costly, with double the long term reliability concerns. It makes sense to either go all ice or all EVs...

 

Those "commodity" cars he is talking about, the Model Y and Model 3 are the two best selling cars in California, the biggest automarket in the US. The Mach-e doesn't even come close to the next three biggest sellers, the Toyota Rav4, Toyota Camry, and of course Toyota Corolla. In fact the only Ford product that shows up in the top 10 is the F Series at number 7

 

If you gave me a choice between my gas guzzling IS350 that uses expensive Premium or a Toyota Prius (or any other gas efficient hybrid such as the Corolla hybrid etc), I would choose my IS350 without a second thought and happily pay the $200 a month in gas. Even if Toyota offered to pay my gas and maint for life of my car if I chose the hybrid, I would still take my IS350

 

It's a very bad look to throw shade at the fastest growing car company in the modern era and at the same time be heavily in the red trying to compete. Is Farley trying to be Elon and put out blurbs to get free PR?