Tesla sales kept skyrocketing through the shutdowns and chip shortages. And EVs use more chips than ICE vehicles.
However, you said that “Toyota total sales have been falling worldwide over the past few years.”
That is not true.
Very true.
Toyota has been at 10 million or a bit higher for quite a while now.
They have sold over 10 million cars for the last five years, except 2020 they sold 9.5.
They are not exactly motoring off are they?
Tesla has increased sales by at least 4 times in the last 5 years.
They are still the number 1 car seller in the world. It's not even close.
Actually, VW is very close to Toyota in total sales.
And by 2030, Tesla will probably be # 1.
Tesla sales kept skyrocketing through the shutdowns and chip shortages. And EVs use more chips than ICE vehicles.
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Yeah, I’m sure they could get enough chips when they sold less than 500k cars last year.
I’m also sure Toyota had no problem getting enough chips for 500k cars too. It’s the 10+ million that caused a problem.
It’s also easy for sales to skyrocket when you are at the bottom.
I’m not saying that Tesla will always be at the bottom, but it’s ridiculous to compare their growth to any other manufacture at this point.
It’s easy to double sales, when you have no sales. You either have to grow or go out of business.