Tesla and Uber Unlikely to Survive (Vol. 2)
Discussion
June car sales update available from SMMT.
Tesla sold 2.5k out of 9k BEV vehicles in June.
Tesla Q1 = 7.5k cars sold.
Tesla Q2 = 4.5k cars sold.
https://www.smmt.co.uk/2020/07/uk-new-car-market-d...
Tesla sold 2.5k out of 9k BEV vehicles in June.
Tesla Q1 = 7.5k cars sold.
Tesla Q2 = 4.5k cars sold.
https://www.smmt.co.uk/2020/07/uk-new-car-market-d...
Not even 30% of the BEV market in June? The traditional big quarter end month and with inventory available the whole time? Maybe inventory wasn’t real.
Why would Q1 figures surprise people though - it’s been we’ll known the company car tax changes in the Uk were coming and you’d send your production to markets that have tax incentive driven demand to cash in.
Why would Q1 figures surprise people though - it’s been we’ll known the company car tax changes in the Uk were coming and you’d send your production to markets that have tax incentive driven demand to cash in.
jjwilde said:
Surely the amazing take away is EV/Hybrid sales at 23.7% of the market and diesel collapsed at 15.8%!
The switch is happening mad fast!
Not really. UK car dealers shut down during coronavirus sold very few cars. Tesla has no dealers, and sold more. This is not a switch, it's a (temporary) change in market conditions. The switch is happening mad fast!
Over the next six months we're likely to see some harsh economic times, which will also affect the balance and numbers of cars being sold. I wouldn't take any of those as indicative of long term trends until we start to see our workplaces settling down and people figuring out where and how they want to live and work, and how cars fit into that picture.
In general though, yes we're going to see a continuing decline in car purchases, which will compress the market and probably increase Telsa's share. That's not quite the same as a mass switch to electric power.
Tuna said:
Not really. UK car dealers shut down during coronavirus sold very few cars. Tesla has no dealers, and sold more. This is not a switch, it's a (temporary) change in market conditions.
Yes! Temporary. And once that is over, Tesla is unlikely to survive (vol. 3)!Tuna said:
In general though, yes we're going to see a continuing decline in car purchases, which will compress the market and probably increase Telsa's share. That's not quite the same as a mass switch to electric power.
So let me get this straight, people stop buying non-electric cars but buying electric cars at this rate is not a switch to EV?ZesPak said:
Tuna said:
Not really. UK car dealers shut down during coronavirus sold very few cars. Tesla has no dealers, and sold more. This is not a switch, it's a (temporary) change in market conditions.
Yes! Temporary. And once that is over, Tesla is unlikely to survive (vol. 3)!Tuna said:
In general though, yes we're going to see a continuing decline in car purchases, which will compress the market and probably increase Telsa's share. That's not quite the same as a mass switch to electric power.
So let me get this straight, people stop buying non-electric cars but buying electric cars at this rate is not a switch to EV?
I'm saying that yes this is the long term direction, but I wouldn't take any numbers this year of being indicative of anything.
Sorry if that doesn't suit the narrative of "luddites not understanding EVs".
ZesPak said:
Tuna said:
Tuna said:
In general though, yes we're going to see a continuing decline in car purchases, which will compress the market and probably increase Telsa's share. That's not quite the same as a mass switch to electric power.
So let me get this straight, people stop buying non-electric cars but buying electric cars at this rate is not a switch to EV?
ZesPak said:
If what we see of early Evs now is a trend, one thing is for sure 
eople will buy less new cars.
Why would you if they run 500000km with minimal costs?
Yeah, definitely all those millions of 500,000km capable EVs on the road that're causing the sales of new cars to plummet.eople will buy less new cars.Why would you if they run 500000km with minimal costs?
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