The electric vehicle market is witnessing increased competition with the introduction of Chinese EVs like the Xiaomi SU7, priced lower than Tesla's Model 3. Experts suggest that this influx of new competitors could challenge Tesla's dominance in the market, potentially impacting its sales. The shift towards eCars is creating a new class of competition from consumer electronics companies, indicating a trend towards radical commoditization of EVs. The Treasury Department's new clean vehicle tax credit may make 2024 a favorable year to purchase an electric vehicle.
EVs, big and small, are entering the phase of the tech cycle that mobile apps entered 10 years ago, where invention shifts from the infrastructure layer to the “application” layer. https://t.co/IAijGjgHIi
Chinese EVs man…. https://t.co/V6juErlUde
It may look like Chinese Auto brands could decimate Tesla with lower cost cars, but I think that advantage will be overshadowed by the disadvantage that the Chinese companies can't buy GPUs. The value of smarter cars will outweigh the price difference. This is true for all car…
It may look like Chinese Auto brands could decimate Tesla with lower cost cars, but I think that advantage will be overshadowed by the disadvantage that the Chinese companies can't buy GPUs. The value of smarter cars will outweigh the price difference.
How to get a Porsche Taycan for 20% of the price? Get a Xiaomi SU7. :D https://t.co/lxSeGGjN6Q
EVs are dramatically simpler to make and seem to be on track to radical commoditization. Tesla’s shot at retaining its valuation and growing is autonomy. They have to change the game to driver+car while everyone plays car.
EVs are dramatically simpler to make and seem to be on track to radical commoditization. Tesla’s shot at retaining its valuation and growing is seems to be autonomy. They have to change the game to driver+car while everyone plays car.
The original #green #drivers: The early adopters of #ElectricCars in #India are still passionate about #EVs and #sustainability https://t.co/rA5BF9E4DW
In the green race, #auto companies hop on powertrains https://t.co/r6bt69BQ8r
#LeadStoryOnET | The original green drivers: The early adopters of #ElectricCars in #India are still passionate about #EVs and sustainability https://t.co/rA5BF9E4DW https://t.co/4d8jdGU2eh
If you've been in the market for an electric vehicle, 2024 might be your year to buy one since the Treasury Department has made the “new clean vehicle” tax credit much easier to obtain in 2024. https://t.co/gaTkYnzO9x
Would you drive a Chinese EV? https://t.co/XTDS0ANfjw
If you've been in the market for an electric vehicle, 2024 might be your year to buy. Here's why. https://t.co/hB6ZabObYg
The transition to eCars is creating a whole new class of competition from consumer electronics companies. Wow https://t.co/RH078TFagC
Electric vehicle sales across the country are slowing as early adopters of the new-tech cars have already adopted. NTD hit the floor of the 2024 NY International Auto Show and spoke with Lauren Fix for the latest on the shifting auto industry dynamics. https://t.co/1zRMHqvAbn
Beyond all the OTHER great new China competitors, how many Model 3 sales will THIS steal? Carmaking fraud $TSLA is headed for a PE of 6x P.S. $TSLA supplier CATL is one of this car's backers. But I'm sure it will still sell Tesla some profitably marked-up batteries anyway, lol. https://t.co/wld2nXaFY6
New Xiaomi looks like a Porsche Taycan $TSLA $LCID $RIVN $BYDFF https://t.co/POrLh9m2Lw
Curated by X: - The delusional uber-simp still ignoring the fact that competition will produce a glut of EV that’ll directly compete with Tesla in its customer group. - Video from competition that shows how stripped down Teslas are for their price. https://t.co/VZNVcJZefd
Tesla has new competition with a Chinese EV priced lower than Model 3 https://t.co/sqY7dnMszL
#ElectricVehicle sales across the country are slowing as early adopters of the new-tech cars have already adopted. NTD hit the floor of the 2024 New York International Auto Show and spoke with Lauren Fix, an expert in the industry. https://t.co/1zRMHqvAbn
Has anyone taken the Xiaomi SU7 EV for a spin yet? Is it good?