Pay a little more and get the gt in a year or 2!
With dismal 4th quarter results from both companies…is this the end for these companies…essentially killing EV’s future if only Tesla can survive.
What about the $100 plus billion that major auto manufacturers have committed to EVs in North America alone?
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Nah. I can totally see Lucid being bought up though. MB AG should buy them to learn how to build a decent luxury EV sedan rather than an egg.
Rivian will be fine if they can rush along the R2. A lot of people would be happy to have Model Y alternatives to pick from (myself included) I’m saying this from a hopeful perspective as I have lost a fair bit on Rivian equities. Oh well.
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Volvo has committed to 100% ev by 2030…
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It may kill startup EV companies. It won’t kill EVs in general.
Their 2nd gen models might be significantly improved. For a company w/ its (presumed) resources, MB surprisingly freq does pretty poorly w/ its first-gen attempts (M-Class,modern SLK, A-Class, SLR-McLaren, Maybach).
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I just inquired and they offered me a 607/month with 3k down deal for a Premium AWD that (after hte rebate) is 42k. That’s 25k over three years for a 42k car, so the residual is roughly 40% - so less than 50% after 3 years. Oof that’s bad.
Every global automaker needs an EV lineup to compete in Europe, Asia, etc.
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The Tesla Shame Shame landfill should include both the anti-Tesla and ridiculously pro-Tesla stuff like this. @z0lt3c where you at.
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Tesla was founded in ~2003 and didn’t turn a profit until ~2020. Thats 17 or 18 years to grow a startup EV company into sustainable profitability. As long as the Saudi’s keep pumping cash into Lucid, and Bezos keeps floating Rivian, both will stick around a bit longer. I don’t think either was expecting success at this point. They need to expand beyond North America, because that’s the only market showing a slowdown.
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But EV market not doing good…it won’t surprise me if everyone stops the rush to make EVs. Only thing will change is if Gas prices go through the roof with another war, etc. there is no incentive for people to buy an EV…$7500 is not enough and some states are even making people pay “highway use” fee if you have an EV. Only way this can work is if income caps are removed from the 7500 tax credit + an additional cash for clunker type of credit for people to really get into EVs
aahhh okay you’re just trolling now? - the data doesnt back up your statement that the ‘EV market not doing good’ - just because some of the legacy carmakers like Toyota and GM can’t get their shit together to give some much needed competition to Tesla doesn’t mean the market is bad.
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I was going to post here:
But it seems like I’m seeing a lot more price cuts from non-Teslas.
Even Hyundai that is doing well in EV sales has recently dropped some incentives:
I am just stating that ev market I.e. resale value is not good…EV’s are depreciating…who is going to buy an EV if the moment you drive off a lot it’s 40% down the value. Not everyone wants to lease cars.
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Did you post that the SLR isnt good?
Nissan is counting their luck (and their Benjamins) that Hyundai was a couple months slower in going back to their aggressive pricing. I imagine many of the people who jumped on the Ariya deal would have jumped on an SEL or Limited Ioniq 5 instead if they’d been as competitively priced. 
Toyota can’t get their shit together? 
my retirement says otherwise. Up 20% this month. 45% in 6 plus some divis
I think you meant ford. Toyota chose correctly to sit this one out and is being highly rewarded.
Tesla had the luxury of essentially no direct competition for most of their journey to profitability. If you wanted an EV that wasn’t a goofy Nissan Leaf, Tesla was the only game in town. Unfortunately for the current crop of startups they have very intense competition from automakers with far superior distribution and service capabilities. I doubt investors give them the runway that they gave Tesla.
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Well… a large part of Toyota’s success isn’t because it’s sitting out on EVs, it’s because they are the value leader.
I really think they could have done an EV Tacoma and dominated the EV truck segment.
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