Dealers: We inflated the ever living shit out of the ALREADY inflated MSRP on all our EV’s during a global recession and now no one wants to buy any of them!!
Manufacturer: The customers have spoken, EV’s are dead.
Seriously, the electric f150 had a 100% markup at some dealerships. The build quality was absolute crap on those too.
The Tesla strategy
Make. An. Affordable. Car.
Why does every new ev for the US have to be mega deluxe luxury SUV? No one in the US is buying your affordable EV because you only sell them in Europe!
Yeah, a surprising number of people don’t want these hyper complex cars with thousands of microchips and millions of lines of code operating them. Give me an electric 2012 Honda fit/Toyota matrix equivalent that just fucking works and costs $20k or less new.
Yes please. I want my car to work without tracking and software updates.
Because people are buying all the mid- and high-end EVs. If it’s more profitable, there’s some sense to it until that saturates.
GM tried real hard for the lower-end. And care like the Bolt EUV 3nder up actually really good especially for the price. Then they cancelled it because they just weren’t making enough money or volume or scaling like they wanted.
And at the moment ALL the carmakers have gone kinda nuts with pricing. And sales are still super strong overall.
Also, people are paying way, way too much for cars. It’s insane how many people making $60,000 a year or less are buying cars worth almost that much, and taking out these ridiculous loans. I guess the interest rate hikes are putting a little damper on it, but it’s been just stupid.
Mercedes: the EV market is challenging at the moment.
Also mercedes: pay 100k for this car with limited autonomy and dubious software in early beta stages…
You can get an electric Benz way under 100k, probably half that. 100k is S-class pricing and it has always been this high.
You made me check, the cheapest I can buy one here is 70k EUR for the EQA:
EQA is the name of the new entry-level model to the all-electric world of Mercedes-EQ vehicles.
What a bargain for an entry level model
Huh, why is no one buying it? It’s so affordable. For the low low price of ones yearly income
Carmakers: (High) increase of the selling prices of all cars, gas/EV.
Consummers: 20k for the simplest car, without options? No thanks, we can’t afford that
Maybe it is price. Maybe we all finally realized Musk is a right wing piece of shit, even worse than all the other corporate thieves.
… But Tesla is far from the only manufacturer, that produces totally overpriced and shitty EVs
Most people aren’t buying $40k+ cars? Weird.
The elites don’t want you to know this, but you can be personally responsible for getting your city off of car addiction.
Kinda reminds me of the same argument to why businesses can’t find employees, they aren’t able to exploit them enough.
At the root of this issue is dealership exclusivity. Otherwise new companies would make them cheaper sell them privately and dominate that market. Tesla did some of this but still wanted to be premium. We need generic Tesla to come out, and the other EV companies are obsessed with premium.
Charging infrastructure is still pretty shit compared to refueling a gas car as well.
This is the best summary I could come up with:
With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term.
Several C-Suite leaders at some of the biggest carmakers voiced fresh unease about the electric car market’s growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk.
Even Tesla’s Elon Musk warned on a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader.
These cars are taking dealers longer to sell compared with their gas counterparts as the next wave of buyers focus on cost, infrastructure challenges, and lifestyle barriers to adopting.
In July, the company extended its self-imposed deadline to hit annual electric vehicle production of 600,000 by a year, and abandoned a 2026 target to build 2 million EVs.
“People are finally seeing reality,” Toyota Motor Chairman Akio Toyoda said at the Japan Mobility Show, the Wall Street Journal reported.
The original article contains 566 words, the summary contains 167 words. Saved 70%. I’m a bot and I’m open source!
