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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

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Post by Bertandersonon Dec 30, 2022 5:23pm
172 Views
Post# 35197835

Market Share Decreasing and EV Use is Slow to Increase

Market Share Decreasing and EV Use is Slow to IncreaseTesla has more than 50% of the EV market share which is expected to drop to 20% by 2025. I believe this will be much lower when the big 3, toyota and honda accelerate production. I also believe the shift to EV will be much slower than folks expect, unless legislated. The number of EVs sold are approximately 5% of all vehicles sold in the world. I think we have been dupped. Tesla is just another car company with shirking market share and a very tough economy in the next 2 years. Unfortunately, a reasonable price is likely in the $40 range. I predict that will be the new low in 2023.
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