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Originally Posted by AMIRZA786
(Post 11680670)
Brilliant move on Tesla's part. Now they dominate the EV market and the Model Y is the world's best selling car and all the other automakers are struggling.
According to the WSJ, LSD is his favorite. Mushrooms as well 😁 You do know an 80% share (instead of a dropping 55% share) means they dominated more earlier? And as far as I know, Tesla is in the same boat as all EV makers, and in fact its stock is dropping today by 12 points (6%) on weaker demand. |
Originally Posted by asj2024
(Post 11680720)
Fanboyism at its finest :D
You do know an 80% share (instead of a dropping 55% share) means they dominated more earlier? And as far as I know, Tesla is in the same boat as all EV makers, and in fact its stock is dropping today by 12 points (6%) on weaker demand. I'm guessing you don't understand market share. If this isn't market domination, I don't know what is: https://cimg1.ibsrv.net/gimg/www.clu...da982123a3.png https://cleantechnica.com/2024/01/14...-market-share/ The only automaker Tesla has to worry about is BYD, if they ever start selling cars in North America, they could pose a problem. Tesla's stock price is more affected by Elon than Tesla's performance. I'm really not worried about it. It's grown 171 percent over 5 years, last year I was able cash out some and buy a Model Y. |
Knock off the personal comments please, or do not post.
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I think this is what you should be more worried about:
Report shows Tesla is getting new customers from a surprising source: ‘I’m not buying a piece of crap because of brand loyalty’"The number of Toyota drivers who switched to Teslas doubled in the last year, according to Inside EVs. Tesla has the highest rate of brand loyalty, followed by Chevrolet, Subaru, Nissan, Kia, and Hyundai" https://autos.yahoo.com/report-shows...0and%20Hyundai. |
Originally Posted by AMIRZA786
(Post 11680733)
Wait a minute...you're calling me a fanboy? Someone who actually justifies enjoying driving a Prius, a car about as exciting as Ambien?? Trying to clutch to articles claiming how green they are using pseudo science? That's extremely funny
2. Even Elon has noted that there are bad times ahead (i guess you know more than him?), the slowing of EV market, and a stock that has dropped by more than 50%. 3. Just because a research study did not come to the conclusion you want does that make it "pseudoscience"...obviously, it's not a peer reviewed article in a journal, but it wasn't meant to be and the usual rational response would be to address the points made in the article OR point out other comprehensive studies that are in line with your biases. 4. I'll also point out that I didn't say they weren't a dominant player now at 55%, but that their dominance has waned over time. |
Originally Posted by asj2024
(Post 11680746)
1. Loving your own car and enjoying driving it and being proud of that is not the same as going gaga over a company or some guy who leads the company. Btw, note that I have never insulted anyone else's car OR their likings here.
2. Even Elon has noted that there are bad times ahead (i guess you know more than him?), not to mention their slowing sales, the slowing of EV market in general, and a stock that has dropped by more than 50%. 3. Just because a research study did not come to the conclusion you want does that make it "pseudoscience"...obviously, it's not a peer reviewed article in a journal, but it wasn't meant to be and the usual rational response would be to address the points made in the article OR point out other comprehensive studies that are in line with your biases. 4. I'll also point out that I didn't say they weren't a dominant player now at 55%, but that their dominance has waned over time. And I apologize for insulting your Prius. |
Total EVs sold in 2020 were 252K in the US. Total EVs sold in 2023 were 1.189M and the market has grown from under 2% of total US car sales in 2020 to 7.6% of total car sales in 2023. According to JD Power, (https://www.jdpower.com/business/res...ionreportfeb24) EV market share is currently projected to grow to 12.4% in 2024.
Did we expect the other automakers to just sit idle and let Tesla become the only EV manufacturer? I'd much rather have 55% of 1.2M vs. 80% of 250K |
Originally Posted by Allen K
(Post 11680769)
Total EVs sold in 2020 were 252K in the US. Total EVs sold in 2023 were 1.189M and the market has grown from under 2% of total US car sales in 2020 to 7.6% of total car sales in 2023. According to JD Power, (https://www.jdpower.com/business/res...ionreportfeb24) EV market share is currently projected to grow to 12.4% in 2024.
Did we expect the other automakers to just sit idle and let Tesla become the only EV manufacturer? |
Originally Posted by asj2024
(Post 11680746)
1. Loving your own car and enjoying driving it and being proud of that is not the same...
Friend, you basically did a thread laying out a thesis how your car is better, in a round about way and in my opinion, and because you drive a said car like it. Lol The supporting evidence for the thesis was science that in my opinion is based on models and propped up by axioms I don't agree with but can't say anything because it delves into topics I am not allowed to discuss here. Honestly, feeling like a little baited, just saying, and that's all I have on that. |
A guy I follow on Twitter who has a background in financial modeling and does a TON of research within the automotive companies has said he believes TSLA will end 2024 at $293/share. He's also predicting that tomorrow TSLA will report approx 20k registrations in China (apparently they announce this weekly??).
Watching him for some time, I find him to be extremely accurate in his predictions. He has been right on many things over the last 9 months since I followed him. I have taken screen shots of some of his predictions and then go back and look when earnings are reported and he is overall very accurate. So...... are you taking the over or the under if the price target is $293 at end of year (that would be about 50% from here)..? |
Who is this person on X specifically? I don't have any idea where TSLA will be at the end of the year as you can see currently there is very little institutional interest in Tesla stock they are all piling into Nvidia instead.
Speaking of, I predicted NVDA to hit $1,000 that is looking quite likely. Of course I have regrets not buying more. |
If it hits $293 I'll be happy, most of what I'm holding is below $190
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TSLA has a distinct pattern do nothing for years then shoot up. Rinse repeat. We're at another state of this from the finance media, this time Tesla will never solve FSD. And the bot and Tesla energy are completely ignored.
https://cimg8.ibsrv.net/gimg/www.clu...4eaad44c6b.jpg |
Originally Posted by LeX2K
(Post 11680877)
Who is this person on X specifically? I don't have any idea where TSLA will be at the end of the year as you can see currently there is very little institutional interest in Tesla stock they are all piling into Nvidia instead.
Worth a follow for sure. |
Originally Posted by AMIRZA786
(Post 11680882)
If it hits $293 I'll be happy, most of what I'm holding is below $190
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