61% of EV sales in US, Tesla is more dominant in EVs than Apple is in smartphones
$Tesla(TSLA.US$ The article revealed that Tesla Model Y is on track to be the best-selling car in the world for 2023 — even after the price cuts, it’s doing so with higher profit margins than most automakers make on their gasoline vehicles.
It highlighted 2 important points:
Tesla more dominant in EVs
In the US, Tesla has been expanding production about as fast as all of its competitors combined. The Austin, Texas-based EV maker accounts for 61% of fully electric cars ever sold in the US, making it more dominant in EVs than Apple is in smartphones.
More shoppers considering Tesla Cybertruck
A Bloomberg survey of Tesla owners earlier this year found strong interest in pickups. Of 3,500 Tesla car owners who were in the market to buy another vehicle, 37% were considering a Cybertruck. The competition wasn’t close. About 2.1% of shoppers were looking at a Rivian, and that was more than the next three pickups combined. While the survey population might not represent the broader pickup market, it’s at least a sign of where EV shoppers are engaged.
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Source:
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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