People have soured on EV’s.
You mean we lose Elon?
I really like the old days...when someone pumped my gas...filled my tires, checked my oil....and my car had a vent window.
Also, the Chinese Communist Party is doing everything it can think of to incentivize the six major Chinese EV companies to take market share away from Tesla.
I wouldn’t say “soured” so much as the market for EV Virtue-Signalers got saturated. They are handy for daily drivers in your suburban market, but not practical for long trips. Our son-in-law bought a used Chevy Volt and likes it. He works for PG&E and gets to charge it at work, so it’s always topped-off. Then he charges it at home on weekends using their solar array on the roof.
The dirty light secret to Elon’s billions is that he got “credits” for each EV he sold which he then sold said “credits” to others who needs to buy said “credits” to offset their carbon emissions. For years Tesla never turned a profit on actually selling actual electric vehicles. Those were and still are losers. I suspect that the EV part of Elon’s empire is toast in 4-5 years.
People have not soured on EV’s
The Model Y is still top 5 in the US, in sales 1st QTR, it’s neck & neck with the Rav4, the other three are the Detroit 3 pickups.
The entire car market is in a slump thanks to Bidenomics. The only thing keeping the Detroit 3 alive are fleet sales.
Drive by any dealership, their lots are overflowing.
Car/truck buyers are tired of the inflated prices, or they are way underwater in their current vehicle loan. But most can’t afford car payments when groceries and other staples are 30% or more higher.
Tesla as a company is very strong minimal debt and sitting on a pile of cash, but it’s not just a car company. Their energy division is printing money. The Model Y & 3 are now at parity price with their ICE counterparts. And then there is their manufacturing techniques lowering the price.
Because Legacy Auto found out the hard way that they could not compete in EV’s against Tesla, they bailed out. Batteries are the most expensive component, now all the battery materials legacy auto isn’t going to buy, Tesla gets it cheaper. The gigacasting and other manufacturing techniques are letting Tesla stair step the prices down.
Then there is FSD (Full Self Driving). Before somebody pops a blood vessel saying that there is no way Elon & Tesla will solve it. Remember how many people laughed when Elon started a private rocket company, and how they laughed again when he said he would land the booster to be reused. Still laughing & doubting?
And finally, lets give some support for an American Company. Tesla’s sold in the US are the most American made cars on the road and it’s not even close.
Elon Musk, he is being hit with the same LAWFARE attacks they are using on Trump. And personally, if it wasn’t for Elon buying Twitter, the vast majority of the country would still be in the dark about the truth.