Tesla Defies Critics - Ranks 4th in China's Booming EV Market that hits 44% Market share!
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- Опубликовано: 13 май 2024
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Развлечения
Tech is super important in China auto sales, once Tesla can release their FSD in China that will drive sales a lot.
All the chinese manufacturers will be forced to license FSD and it will take them a more than a few years before their cars a ready for FSD.
Unless they reverse engineer FSD.
@@taylorc2542 How? It will take them many years to come even remotely close
@@taylorc2542 Over time the compute needed will become more affordable, but my guess is that you still need real world data to reach Level 4 FSD or better. I know some are using a lot of computer simulations to train the FSD, but I just don’t think you can even imagine all the edge cases that it has to be ready for. Even assuming someone can see what Tesla did and get there, I think minimum five years for development and testing before they can offer it in a car for sale.
In that case it may come down to can Tesla scale fast enough to meet demand. As far as I know the China factory is running flat out, so if there is a sudden demand increase because of self drive, where is Tesla going to get all the extra cars from?
That that Chinese policy of charging $8000 for an ice plate what a great strategy to drive out all the European auto makers ha ha❤😂
Europe should recoprocate China's policies: Chinese manufacturers are welcome to enter the EU market, but they will have to form a joint venture with a European company to do manufacture EVs here and build up a local supply chain for batteries. EDIT: I should add that all bonuses and dividends paid out by European manufacturers should be clawed back if they ever file for support. They spent too much time and money lobbying against regulations and way too little on innovation.
Lars, I love you and your channel. Can we have the numbers on BEV sales, Hybrids are not Electric vehicles. Gas with a small battery. I know you know this!!!!😀😃😄🤣😂
Yup. Hybrid = 100% gas powered.
@@TecnamTwin not 100%, just not 100% EV!!! Lars did a video that shows in Europe that many company cars are hybrids and they usually never plug in or drive the car so it gets its best mileage and the least emissions!!! I don't know about China!!!
WELL EVs are just SUPERIOR!!!! PERIOD!!!!
*For most the majority of actual use cases - not all just yet. People think they do a whole lot more than they actually do and typically buy way more capability than they'll ever need. Except for that one time.
If we didn't have EVs, I wouldn't have a home!
But the question is are China's EV's
Sssshhhhhh US presidents dot think so………
Answer is simple for intelligent people as ICE is 21% energy efficient and has made as slaves of dangerous oil producers not sharing our values. Idiots however think that diesel and petrol come from the filling station!🤪 EV are 68 and more percent energy efficient. The more clean power sources we will have the better it is therefore to get free e.g. water, wind and solar! Since starting with one EV for promotion in 2018 we now have a fleet of 12 including Tesla, Kia, Hyundai and Fiat and including Amortisation of PV, chargers and considering inflation too we saved 30% TCO which would have been only a dream in 54 years of owning cars! Do anybody think that we would even consider ICE for free? Or idiots new scam with e-fuel or H2 with 12% energy efficiency just wasting electricity for nothing?
Thanks Lars for carrying Tesla flag higher and higher.
Flags need to be higher when the Tesla boss is a lunatic with lost sense of purpose
@@yohannb5910blimey, where do you get your news?
@@andrewsaint6581 tesla is lost, like the fascist founder musk who lost his way, mark my word, it's going to spiral down, this is plain logic based on facts. 20 millions cars goal scrapped, optimus, FSD, AI, all is smoke. musk has attention problem, jumps from an idea to the next one, nothing get done
@@yohannb5910 Why are you here?
@@yohannb5910 Lost sense of purpose?? Lunatic? Every body knows that the truth lies to the contrary of your opinion. Please tell us why do you feel this way, is there anything we can do for you?
Intro: “facts tell us” Haters ain’t gonna let “facts” change their prejudice❤
Is that a fact
Went to a Tesla store and it was super busy with people and families buying Tesla cars and then went to a Chevy dealer and it was a ghost town!
Mary led an it matters im serious
That 1st chart you brought up Lars is for “NEV” statistics.
An NEV is defined as
Neighborhood Electric Vehicle
A NEV is defined as a four-wheeled electric vehicle that has a maximum speed greater than 20 miles per hour (mph) but not more than 25 mph.
Saw my 1st Cybertruck in Tucson this week and several last month in San Diego and L.A.
NEV and EV aren't the same don't cause confusion
Hype, ... trying to save the failing market
Please vote your shares. Its easy and the boards recomendations are with each question.
Pay Elon for our future!
I voted against ALL the board's recommendations. This board is entirely incestuous, being filled with Musk fanbois. That's no way to run a company!
Digital Cameras vs. Film, Smart Phones vs Feature Phones, Touch Screen smart phones vs. Keyboard smart phones - we know how these stories played out - Electric vs. ICE - same story - the smart money is positioning/has been positioning for the "sudden" transition. When I say "sudden" that's is how it will appear, but to the smart money we already knew this would happen. Digital iterates and gets better with each iteration like software.
Hi! I really liked this post.
As a holder of Tesla stock I wish you were a little more objective and back off on the hype. Q2 earnings are going to be way off and estimates should be lowered going into the July report.
Good, more of an opportunity to buy...
Now we just need to get this going in Canada but it a brutal war agasint the anti EV FUD here. I feel we are loosing the battle.
Bro, you will soon see the turn!
My mother in law and her cohort friends have huge range anxiety. Maybe it's because canada is so big. And such an oil country.
No problem here in rural Nova Scotia. Geezers are snapping up Konas, Lightnings, Polestars, and - oh yeah! Those Tesler thingums❤
We are remote living Canadians and due to that we can encourage others that they too can do it.
There are a lot of scared people struggling with the concept of the EV.
Ice is their identity.
Thx Lars and 100K by June!
Lars, Thank You !
"ranks fourth" in what metric, Units? That is quite meaninless. Much more important are REVENUE, PROFIT and BRAND desireability.
Be great if Tesla could get that 20-25k vehicle out for the developing countries. That will evangelize the world to EV’s
It's not that easy because there are not enough chargers in the developing countries.
plug in hybrid with 100 km electric only range it would be theoretically possible that you only have to turn the engine on maybe 5% of the time on those rare occasions for long distance it is a sensible option unless you do long range every day
Did you say you were in Guangzhou? It’s pronounced as Guang-Joe
Of course, this will all change with the model 2.5.
Model 8. Bet on it.
@@FrunkensteinVonZipperneck Oh, I get what you mean. I was thinking you were being facetious. That would be a good number for China, an 8-8-8 announcement.
I asked AI this question:
Q: what were the total units sold of tesla in china broken out for the past year by month in a table
AI:
July 2023 77,695
June 2023 92,543
May 2023 88,869
April 2023 64,285
March 2023 93,675
February 2023 59,845
January 2023 66,051
December 2022 105,611
November 2022 100,291
October 2022 92,321
September 2022 83,135
August 2022 76,965
That's all the data available.
To me sales are flat
but China is imploding in real time and I don't know if the numbers mean anything.
I don't know if you can trust the numbers but China is not important for Tesla, the factory is as China is an export hub for the entire Eastern market and Europe as well for Model 3
did you cross reference these numbers against the people who have been tracking them for years?
Month by month can be deceiving because of all the Covid shutdowns in China.
@@TurdFergusen Why would I do that? AI says so and if you don't like the numbers
take it up with AI.
@@noleftturns Ai hallucinates much like you people do lol
Thanks for the video but how can you say Tesla is doing well when its down YoY while losing market share?
Is the volume of sold EV overall going up? That is what you are looking for. EV marketshare is still relatively low worldwide is ~20% of all vehicles.
@@nguyep4 well thats why Im concerned because while EV adoption is growing rapidly in China Tesla sales fell by 7% as stated in thr video
Tesla sales only fell due to the fact that other carmakers such as Hyundai, Kia etc released more and more electric cars that are equal in specs or better and have the same range or better than Tesla. And to go even further, while Tesla may be the best selling electric car in America that may be the reason consumers may choose a different brand as to claim some level of individuality. And more, there are consumers who may prefer a different design over Tesla. The roads, streets, highways and my own subdivision are flooded with Tesla cars! They are literally EVERYWHERE in my metropolitan city. To be clear, Tesla is still selling like hotcakes but Tesla is now having to share the EV sales with so many other alternatives. So that’s why we’re seeing Tesla sales lower than last year. Every electric car built and released in 2024 are viable to all buyers with plenty of range, decent charging speed and for homeowners who are able to install level 2 charging at home, any of these 2024+ models will greatly enhance their vehicle ownership experience. And when people finally figure this out they will flee from gas and hybrid old fashioned outdated cars in masses.
San nag HIT ang Tesla...alam ko kung pa'no sa ibang kompanya nila yan pinapasa
I like your channel, keep it up!
However, could you please skip the 20 seconds intro. It is awesome, but seeing it every time again is annoying. Every time you start to say: “So, let’s check it all out….”, I press the skip 10 seconds button 3 times as soon as I can. I am wondering if others feel the same.
In general I am a fan of fast title sequences. I like it on TV too. TV opening titles used to be a short music video. Then "Lost" came along with it's 3 second title and I was sold. Straight to the point. More time for content. I seem to steer away from new channels that use overblown titles. It can come across as amateur sometimes. This channel is right on the line for me. The music saves it...
Good numbers. Tesla's playing a different game from BYD, which is selling good, cheap reliable cars for the world. Tesla's building a *transportation infrastructure* that also includes cars. Musk even sent a Tesla into space, crazy but cool. Horses for courses...as we say.
A lot of legacy automakers gonna fall into oblivion!
Tesla is doomed!
Honda & Toyota hybrid, Nothing Else.😊
US considering 100% tariffs on Chinese vehicle imports, EU investigating Chinese government subsidies of vehicles may result in tariffs to protect EU manufacturers. BYD may end up owning very large empty ships. Peace
109%
US is a tiny market for BYD. They're ramping sales massively in Europe and South America and elsewhere. Those ships will remain full.
I didn’t realize Tesla was #4 in China. I thought they were #2 behind BYD
Look back at the history of Tesla's distribution of vehicles. They, ALWAYS, export ost of the vehicles early in the quarter and that always skews the first month and a half of the quarter. This has been their strategy as look what happened in Q2 of 2019, when many of the vehicles were on the boats being shipped. That got the stock shorted and dropped to $190/share. That haven't repeated that since.
We need to remember... Tesla makes much more money when it builds a car in China and sells it abroad than it does when it sells that same car actually in China... So, while Tesla does want to maintain a competitive presence in the China market, it's not as important to them as you would think because they can always make more money selling those cars elsewhere.
Given that Tesla invented the modern electric car, I expect them to be far and away in first place in China like they are in the US. Fourth place, just above a handful of no-names, is beyond disappointing, it is DISMAL.
Tesla cars aren’t cheap, and china is yet to be a rich country , it’s normal they don’t lead in unit sales in China.
BYD is also heavily subsidised by the govt and can afford to sell at a loss which Tesla don’t get the same treatment
@@zurielsss Tesla also got huge subsidies and other benefits from the CCP. That's why they built that factory in Shanghai.
besides subsidies, byd refuses to give us pure EV numbers right? hybrids are selling more than they should but it’s not fair to count them when comparing to Tesla ofc
Model Y # 1 in China
From this day forward let that sink in……….
Nice ending
Incredible that BYD is doing so well…..they are the worst EV cars period! Look at the many complaints for owners on RUclips !
china is full of smoke and mirrors
👏🏻👏🏻👏🏻👏🏻👍🏻
1) It's impossible to have 44% of market share and still be 4th in the market. 2) It wasn't that long ago that Tesla was the undisputed champ (#1), so, no matter how you spin it, this news is a crushing defeat for Tesla.
I love your channel, however, I would appreciate it more if you were more even-handed about Tesla's sales. They are down both in numbers and % compared to last year. And in China, going from 23+% to 19+% of the EV market in one year is not a great sign. They are falling behind the other Chinese EV makers in China, pure and simple. I wish it were otherwise, but putting lipstick on a pig doesn't really make the pig look any better. And hand-selecting stats that only paint a favorable picture doesn't do Tesla any justice.
I’m going to Shanghai in 2 week… I’m going to make it to Hangzhou to see the Tesla FSD taxi service. Why are our politicians in the USA so freaking stupid?!?! Tesla has more support by the Chinese government.
First
they used to be first in market share in China, number one i mean, now they are number 4, congratulations Tesla
When exactly were they number one? Which year/month and was that as NEV or BEV?
@@garyrooksby they were number one before byd overtook in 2022. Then now 2 other manufacturers overtook Tesla. lol. maybe number 6 by year's end if you look at the chart, others not so far behind
Don't forget the figures include hybrids for other companies!
@@garyrooksby byd overtook in 2022, then 2 other manufacturers recently and 2 other ones soon if you look at the chart. Tesla will be a niche player in china, so bad because musk really licked a lot of a s s e s to get there, all for nothing ....
You mean #1 when sold less 50k per year in China where as #4 and sold 600k EV in China last year with the average selling price double that of BYD? Lol congrats indeed.
Tesla ranked 4th in China?
Did I hear correctly? Tesla is supposed to be # 1.
“He he he. Have you seen their cars”
Just a short three years ago.
BYD have much lower priced offerings than Tesla.
What have I learn over the past two years of listening to all these Tesla smart you tubers. That they are just that, just You Tubers. My TSLA investment has dropped 35% over past two years.
Ladt
Last
Never Joining,GFY RUclips!
Så tæt på 100k subscribers...
The delusion of EV fanboys is more entertaining than just about anything going today. It’s amazing how you all can get so excited by a technology that causes the kind of environmental destruction as EVs, not to mention the extra wear on roadways, on tires, the rapid depreciation, and the pool of toxic waste that results from an EV fire.
Forcing EV on the Chinese market is one thing but the free world has zero Intetest .
Guess I don’t live in Freeworld😂
what a dumb way to lie
🤡
Speak for yourself.