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Toolatetootired t1_iybv81e wrote

I mean yeah from virtually 100% to anything less than that. Don't get me wrong I'm thrilled to see entrants into the market, I just think the headline could use a little more effort.

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cseckshun t1_iycbsnk wrote

About 80% in 2018-2020 and then dropped to 71% in 2021 and projected to continue dropping, in the article it says approximately 65% of the electric cars sold in the first 9 months of 2022 were Teslas. That being said the market is also growing so even with rapidly losing market share it’s clear Tesla will see sales continue to grow for the foreseeable future I think.

It wasn’t really close to 100% before (I think 80% is distinct from 100%) and the drop is significant enough that it’s worth calling out, a drop from 80% to 71% market share in a single year is going to make some headlines and then continuing that trend down to an estimated 65% in 2022 is a pretty big 15% drop in market share over just 2 years especially when the market is growing so fast. It means other manufacturers are late to the game but picking up market share even as the market grows which is impressive and something to look out for if you are a Tesla investor since their market valuation seems to be based on electric vehicles growing a lot and Tesla retaining their market share.

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Toolatetootired t1_iycz531 wrote

You're right. 80% is significantly different from "Virtually 100%." Thanks for looking that up. I think my point still stands about how much of the market Tesla owns, but I was lazy and overstated the position.

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cseckshun t1_iydw7er wrote

I didn’t look it up lol it was in the article with those numbers and pretty much the exact wording. Even the 65% in first 9 months of 2022 is in the article, that’s what the article is about and they give more detail than the headline in the body of the article.

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[deleted] t1_iyc7j89 wrote

The other car makers have been shilling this site to death since Tesla broke records on the stock market. I don’t care for anything negative posted about Tesla when the vast majority of EV makers aren’t remotely competitive or competent in their offerings.

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heyimjason t1_iyd0zw6 wrote

A lot of folks will look at any criticism of Tesla and immediately scream, "SHILL!"

I don't have any skin in the game - I sold all of my auto stocks a while ago - but I'll absolutely state my negative opinions about Tesla when it comes up because they're poorly made, overpriced, and Musk is an asshole.

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[deleted] t1_iyd1oz8 wrote

I might live in a different reality. But I see more teslas than ice cars OFTEN.. so yes they are too expensive but they are way more popular and appreciated than many want to give them credit for…

Edit: word

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heyimjason t1_iyd2613 wrote

The genius of Tesla was that it offered EVs before anybody else took it seriously (and this was happening far before Musk ever came along).

But under Musk's leadership, all they had were unrealistic ambitions and empty promises. The quality started suffering. Deadlines weren't met. Blah blah blah.

The other manufacturers are slow to the game, but they're going to offer quality EVs for a hell of a lot less than Tesla does. I would even venture to say that it's not too late for Tesla to stay on top of the EV game, but it's not going to happen because Elon would ride a sinking ship all the way down before actually listening to the intelligent people who know how to run companies.

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AlexB_SSBM t1_iydca3h wrote

> I don’t care for anything negative posted about Tesla when the vast majority of EV makers aren’t remotely competitive or competent in their offerings.

Have you not been paying attention at all? The Hyundai Ioniq and Ford Lightning are both very clearly better cars, made from actually respected brands, for less money. How exactly can you say that Ford isn't competitive with Tesla when Ford is making cheaper vehicles of better quality?

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FreshNoobAcc t1_iycda0m wrote

I feel with the popularity of the sub, it is a given that each company will have shills in it

Business Insider for sure does, they are a tabloid and their articles always reach the top despite the content being typical tabloid content and only vaguely related to technology (more focused on people)

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