Tesla’s stock fell 37.4% in 2024 so far. During the first quarter in US, average EV price was $55,167, 0.9% lower than previous quarter.
Tesla’s average selling price was $52,315 in Q1, 13.5% lower than Q4 in 2023. Can Tesla even survive in this market?
What could be the future for US based EV manufacturers?
As mentioned before, Chinese have conquered EV industry so far and no hope for other EV’s for now.
Are Chinese EV companies making enough profit? No way.. Chinese government is filling up all those loss with Chinese people’s money. Chinese EV companies are in full gear of chicken game with Chinese government behind.
That’s why Biden and US based companies are so mad about Chinese, but no one can beat them anyway.
Who built up all these EV based world 20 years ago? How did US lose all those strength over EV industry? Do we have to buy Chinese made EV without options?