Good News & Bad News, page-42267

"Reality is slowly sinking in"

Oh dear. Just like onetricky you seem to be unable to interpret charts.

Did you notice in your chart that 24Q1 EV sales were more than in 23Q1, 23Q4 was more than 22Q4 and so on FOR EVERY QUARTER IN YOUR CHART?

Meanwhile notice that in the following chart the sales for ALL VEHICLES have been trending down for the whole year! Whereas your chart shows that EV sales went down for one quarter only.

https://ycharts.com/indicators/us_total_vehicle_sales




Yes, Tesla market share went down but that is to be expected as competitors are ramping up, and in any case they all need lithium, so it is not an issue for us.

Also, in another recent report from your "independent" source - kelley blue book - https://www.kbb.com/car-news/ev-sales-growing-slower-teslas-market-share-falls/

they say:

Americans are still buying more electric vehicles (EVs) than they did a year ago, but EV sales are no longer accelerating. Market leader Tesla saw its market share slip significantly as more competitors picked up steam in first-quarter sales.
Sales Still Growing, But Slowly

and

We bought more, so sales are still growing. But they’re no longer growing at shocking rates

Also remember that US represents about 10% of the world EV market, and China about 50%. What do you think is happening there? ( Hint: ask onetricky)

I know it is difficult for you, but do try to understand the charts you post before adding your own comments to them