[mxschumacher]

there was a rush to buy electric cars in the US for as long as the $7500 incentive was in place, so the Q3 2025 number if inflated; it's a pull forward effect.

Sales have been flat for 3 years and the delivery numbers in Europe are catastrophic

on a fully diluted basis, the market cap is above $1.6tn, so at a PE of 20, they'd have to generate something like $80bn in profit per year - hard to do in an industry that is as brutally competitive and low margin as passenger cars.

[abirch]

Not to mention China heavily subsidizing BYD.

[_t9ow]

It's a myth that China heavily subsidises its EV industry. See e.g. this Bloomberg article titled "China Can't Cut EV Subsidies It Isn't Paying": https://archive.ph/5olix

[mxschumacher]

there are around 140 EV companies in china competing very aggressively, they have excess capacity and are flooding the world market with cheap EVs, tough for Tesla to have a healthy margin in that environment

[vkou]

BYD's exports are not subsidized, and are, in fact, a massive cash cow for the firm.

They are also way cheaper and at comparable quality to western cars.

[monero-xmr]

It’s also Americans realized how inconvenient electric cars are. I take a fair amount of road trips. I don’t have the time to wait 30 minutes minimum to charge. And if there’s a line it’s even worse. And in the winter the heater reduces the distance a ton. It just isn’t practical

[azinman2]

I’ve found the charging to be a non issue. It’s basically timed with bathroom / food breaks.