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Economy Prediction: Musks will drag down the Tesla brand and hurt sales significantly in 2025

Hdfi said:
You are wrong.

China, not Norway, is by far the biggest consumer market of EVs in the world, and Elon Musk is fine in China. However, Tesla will face increasingly fierce competition worldwide because of the prices of its competitors (BYD, NIO, Volkswagen, etc.). Trump's tariffs may also add to the challenge.
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He didn’t say that. He’s using a percentage which indicates per capita, not a raw number which yes China obviously wins based on population.
 
Hdfi said:
You are wrong.

China, not Norway, is by far the biggest consumer market of EVs in the world, and Elon Musk is fine in China. However, Tesla will face increasingly fierce competition worldwide because of the prices of its competitors (BYD, NIO, Volkswagen, etc.). Trump's tariffs may also add to the challenge.
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I’m talking about on a per capita basis. Obviously China with 1,4 billion inhabitants purchases more EVs than Norway with its 6 million inhabitants. But we are early adopters and EV car sales make up the largest percentage of total car sales by nation, which is why I think it’s interesting to consider consumer patterns in Norway.
 
There's only one reason why he moved into politics and it's to strengthen his businesses.

Being in the automotive industry is a cutthroat business and specializing in only electric vehicles can make it increasingly difficult to appeal to all consumers.

Tesla for better or for worse from an investor standpoint relies heavily on hype to continue the gravy train. Look how much the stock pumped around November and there's a reason for it.
 
A colleague of mine sold theirs last week.

I personally wouldn’t drive around in a Tesla after his behaviour over the last few months. Not saying I don’t like the bloke, there’s just too much stigma attached to him.
 
Blayt7hh said:
Sounds like he’s a pavement princess.

I’ve seen plenty of clips of cyber trucks breaking apart because they’re poorly made. The truck bed “design” is a real head scratcher, almost like utility wasn’t a consideration. I’ve seen them get stuck and in conditions a sedan can handle. The thing is junk. I guess if you got suckered out of 100k for one, you would probably be lying to yourself about it too.

I’ve never hated on Teslas other cars. This thing is just a pos.
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Agreed. I don't hate their other cars, other than the gull wing doors on the model X being completely stupid. I think we all know who is personally responsible for the dumb gull wing doors and the entirety of the cyber truck.
 
Libero cane v2 said:
Norway is the EV-nation in the world, bar none.
Over 85% of the cars sold in Norway in 2024 where electric cars, and Tesla is by far the most popular brand, with Model Y and Model 3 being the top two best-selling cars.

I drive one myself, as do half the people we know.

Musk has been regarded mostly in positive or at least neutral terms.

Now, the winds have changed. Post “my heart goes out to you”-gate, his close connection to Trump and his increasing megalomania- people are feeling embarrassed to drive a Tesla. They’re buying stickers for their cars saying “I bought this car before we knew Musk was insane”. Many people are considering another car brand for their next purchase.

If Norwegian car consumers are the canary in the coal mine, Tesla may be in significant trouble. Not only are they facing massive competition from Chinese, German and Korean EVs, but their brand is getting absolutely trashed due to its interconnectedness with Musk.
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What EVs are they buying now if they stopped buying Tesla?
 
nixkid said:
FSD requires the driver to remain attentive but its your life.
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That stuff is very far from perfect.

www.bbc.com

Man trapped inside driverless car as it spins in circles

Mike Johns was on his way to the airport when the Waymo robotaxi began circling a parking lot non-stop
www.bbc.com www.bbc.com

"Mike Johns boarded a driverless Waymo taxi to an airport in Scottsdale, Arizona, but it began spinning in circles in a parking lot.

He filmed the moment he was trapped in the vehicle, unable to stop the car or get help.

Johns said he almost missed his flight."
 
Thepaintbucket said:
There's only one reason why he moved into politics and it's to strengthen his businesses.

Being in the automotive industry is a cutthroat business and specializing in only electric vehicles can make it increasingly difficult to appeal to all consumers.

Tesla for better or for worse from an investor standpoint relies heavily on hype to continue the gravy train. Look how much the stock pumped around November and there's a reason for it.
Click to expand...
I'm not sure that's the only reason. I'm not even sure it's his main reason.
 
Thepaintbucket said:
There's only one reason why he moved into politics and it's to strengthen his businesses.

Being in the automotive industry is a cutthroat business and specializing in only electric vehicles can make it increasingly difficult to appeal to all consumers.

Tesla for better or for worse from an investor standpoint relies heavily on hype to continue the gravy train. Look how much the stock pumped around November and there's a reason for it.
Click to expand...

We've entered into an era where the government works directly to favor of the largest corporations and the people cheer for it at their own expense.

Beyond the subsidies and grants Telsa receives not just in the US and all over the world, their competition has been under direct sanctions and tariffs for far longer than the Trump admin has been in power. Most of their revenue isn't from car sales but appreciation of bitcoin and other digital assets. They sell less cars than most other American auto makers, but are valued at more than all of them combined.

This isn't a free market.
 
I think it will hurt it, but not enough to do any significant damage. They have the best tech and infrastructure. It’s what they do. Other brands do ev as a side hustle. Hard to compete. Tesla will be just fine.
 
It’s more likely that the constant threat of tariffs mixed with increased inflation will destroy consumer confidence across many sectors.
 
There is a reason Leon’s family members are selling shit load of Tesla shares. Sales are down everywhere and the Cyber Truck is basically EV Edsel.
I would short the stock but Leon will use his position as Trumps boss to keep Tesla humming.
That press conference where Leon interrupted Trump , the Leon Stuttered about democracy for 8 minutes while Trump sitting their looking like a feeble old man wearing too much makeup and Leon’s kid rubbing his boogers on Trumps desk. It looked like an SNL sketch but did show me Leon is the alpha in the Trump/Leon relationship.
 
Hopefully people are stupid enough to buy EVs because of political reason. They can start building charging stations etc etc.
 
Protectandserve said:
I’m hoping the price tanks and then I’d pick one up cheap
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just pay attention to the 0% financing and tax incentives, the car is basically subsidized. This is why the tesla is my third EV and the reason I have solar. They already taking monies out of your paycheck for this stuff whether you agree with it or not, cars are still liabilities, probably always will be, but I'm pretty sure solar will be viewed as an asset. For me, I got in before NEM3, solar killer regulations, so my payoff is seven years, not including price increases, and I have so much excess that it pays for 70-100% of my vehicle consumption depending on time of year.

what you will struggle with EV's is the charging, it's not like a gas station, locations are not easily viewable from the freeway, often they are located in obscure area like in the back of a supermarket or some random place. There's a large network of chargers in california, however the devil is in the details. Many of the generic chargers, a ton of them are NOT fast charging, they may do up to 15kwh, while tesla's location have up to 250kwh (~100 in actual usage). that is many times faster, instead of waiting 5 hours at one station, fast charge can get it done in 45minutes. Huge difference, and not all brands have access to this network, however Tesla is allowing some folks like rivian to have access. Building the infrastructure is paying off for tesla, either way, they're going to get you trapped.
 
Bubzeh said:
A colleague of mine sold theirs last week.

I personally wouldn’t drive around in a Tesla after his behaviour over the last few months. Not saying I don’t like the bloke, there’s just too much stigma attached to him.
Click to expand...

Some people I know with Teslas have been looking into getting body wraps to prevent damage from their vehicle being defaced.
 
chardog said:
just pay attention to the 0% financing and tax incentives, the car is basically subsidized. This is why the tesla is my third EV and the reason I have solar. They already taking monies out of your paycheck for this stuff whether you agree with it or not, cars are still liabilities, probably always will be, but I'm pretty sure solar will be viewed as an asset. For me, I got in before NEM3, solar killer regulations, so my payoff is seven years, not including price increases, and I have so much excess that it pays for 70-100% of my vehicle consumption depending on time of year.

what you will struggle with EV's is the charging, it's not like a gas station, locations are not easily viewable from the freeway, often they are located in obscure area like in the back of a supermarket or some random place. There's a large network of chargers in california, however the devil is in the details. Many of the generic chargers, a ton of them are NOT fast charging, they may do up to 15kwh, while tesla's location have up to 250kwh (~100 in actual usage). that is many times faster, instead of waiting 5 hours at one station, fast charge can get it done in 45minutes. Huge difference, and not all brands have access to this network, however Tesla is allowing some folks like rivian to have access. Building the infrastructure is paying off for tesla, either way, they're going to get you trapped.
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My work has multiple charging stations, including fast chargers and if I get one it will be my commute car.

Still a ways out from it but hoping prices drop more and more. Getting a decent pay bump in July and will likely try and bust out some OT to pay a good chunk for a new car (even if I get one used).
 
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