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I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.
The EV naysayers are likely to blame for that impression. EV growth rate has declined. EV sales are still growing, just at a slower rate that before.
I bought an EV in November and everyone in my red state loves to ask me questions about it. Some start in a condescending place but most are genuinely interested in them.
What model?
I wonder why that would be a starting position.
It's a KIA EV9. Was the only one with a functional 3rd row that isn't $80k+. I enjoy it so far.
It's the initial redneck response in my experience. They assume it's slow, complicated, and unreliable. They usually want to sneak in a "you know you still power that thing with coal" comment as well. Even if they don't say it you can see it in their eyes. I will usually mention my solar panels and offer to race them in their truck 😎
I think they're on a downturn in the US with interest rates being so high and rebates evaporating away, but globally they're doing well with all the shenanigans going on in China as well as Europe being more forward thinking.
Incentives evaporating, chargers not getting built, legacy manufacturers backing away from EVs on the promise of cheap gas, revoked efficiency requirements, and no regulation of carbon emissions. US never did get to the point of a healthy EV ecosystem, and now we step back to square one
It's pretty weird to watch markets - S&P 500 is down more than 3% this week, while international index like VXUS has gone up nearly 1% this past week.
Seems like little d and fElon are doing a helluva job. I think this kind of thing is....rather unusual. VXUS did have a bad day today, but still not as bad as S&P.