Mainecat Posted July 11, 2022 Share Posted July 11, 2022 GM, Ford Poised to Eat Tesla's Lunch Over Next Four Years https://www.motortrend.com/news/tesla-general-motors-ford-shares-analysis-car-wars/ With so many new and excellent EVs going into production, Tesla's share of the electric vehicle market will plummet over the next four years, and it is General Motors and Ford who are poised to eat most of Tesla's lunch, a new report says. Tesla has held about 70 percent of the EV market share in recent years. That is forecast to drop to a mere 11 percent over the next four years, says John Murphy, the Bank of America analyst behind the annual Car Wars report that looks at the auto industry and predicts which companies are on a winning path and which are not. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 Musk will sell to one of them and make alot of money. End of thread. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 There's been a lot of EV start ups that have come and gone already. Most out of China but I'd like to see Tesla continue to develop and not get pushed out. That being said, all I see is EV's coming from GM and Ford as far as my workload for the future. Quote Link to comment Share on other sites More sharing options...
Rod Posted July 11, 2022 Share Posted July 11, 2022 Crazy how the radical left turned on musk just because he’s against fascism and pro free speech 4 3 Quote Link to comment Share on other sites More sharing options...
irv Posted July 11, 2022 Share Posted July 11, 2022 21 minutes ago, ACE said: Crazy how the radical left turned on musk just because he’s against fascism and pro free speech Isn't that the truth!!! The party of honesty, openness, transparency, kindness and differing opinions.... but only if you agree with what they say and do. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 3 minutes ago, irv said: Isn't that the truth!!! The party of honesty, openness, transparency, kindness and differing opinions.... but only if you agree with what they say and do. Doesn't that describe any party though? 1 Quote Link to comment Share on other sites More sharing options...
Matt Posted July 11, 2022 Share Posted July 11, 2022 51 minutes ago, ACE said: Crazy how the radical left turned on musk just because he’s against fascism and pro free speech Yep. The man has done more to make green technology mainstream than any human in history, and to them, he's the fucking devil incarnate... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 1 hour ago, Matt said: Yep. The man has done more to make green technology mainstream than any human in history, and to them, he's the fucking devil incarnate... A few donations here and there and a change of opinion all would be forgiven easily. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted July 11, 2022 Author Share Posted July 11, 2022 Tesla missed the full size truck and suv market. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 3 minutes ago, Mainecat said: Tesla missed the full size truck and suv market. EV trucks are in their infancy. He's got enough orders for three years production of the Cyber truck and is taking orders on the Semi truck Quote Link to comment Share on other sites More sharing options...
Anler Posted July 11, 2022 Share Posted July 11, 2022 5 minutes ago, Mainecat said: Tesla missed the full size truck and suv market. Cyber truck has orders backed up Weird how you have such disdain for an innovative American company 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 3 hours ago, Steve753 said: Musk will sell to one of them and make alot of money. End of thread. Both combined can't afford Telsa. https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/ Tesla $731 billion GM $45.6 billion Ford $44.76 billion Quote Link to comment Share on other sites More sharing options...
Anler Posted July 11, 2022 Share Posted July 11, 2022 5 minutes ago, Highmark said: Both combined can't afford Telsa. https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/ Tesla $731 billion GM $45.6 billion Ford $44.76 billion Now we can see why the democrats dont pay any mind to Tesla. All of that union money from the guys trying to catch up to the start up company that is barely 20 years old and already dwarfs them in market cap Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 (edited) 3 minutes ago, Anler said: Now we can see why the democrats dont pay any mind to Tesla. All of that union money from the guys trying to catch up to the start up company that is barely 20 years old and already dwarfs them in market cap GM and Ford are a far cry from the behemoths they once were. Without trucks they would have a market cap 1/10th what they have now and Tesla based off a variety of economic indicators is extremely overvalued. Edited July 11, 2022 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted July 11, 2022 Share Posted July 11, 2022 Just now, Highmark said: GM and Ford are a far cry from the behemoths they once were. Without trucks they wouldn't have a market cap 1/10th what they have now. That is crazy with the world presence they have too. They've known their goose was getting cooked by Tesla for years. There has been lots of manipulation with Tesla stock over the years. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted July 11, 2022 Author Share Posted July 11, 2022 24 minutes ago, Skidooski said: EV trucks are in their infancy. He's got enough orders for three years production of the Cyber truck and is taking orders on the Semi truck Meanwhile Ford is delivering their F150 Lightening. Quote Link to comment Share on other sites More sharing options...
Rod Posted July 11, 2022 Share Posted July 11, 2022 26 minutes ago, Anler said: Cyber truck has orders backed up Weird how you have such disdain for an innovative American company The radical left hates African Americans that don’t March in lockstep Quote Link to comment Share on other sites More sharing options...
sleepybrew Posted July 11, 2022 Share Posted July 11, 2022 gm is building bigger ev and has nothing but shit up to this point. go ahead, buy that 116k , 9000lb hummer. let them do some more learning at your expense. and before long there will be no one to fix them anyway. gm said a few years ago "cars are dead". no, your cars are dead because they are garbage. that's what no one wants Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 (edited) 9 minutes ago, Anler said: That is crazy with the world presence they have too. They've known their goose was getting cooked by Tesla for years. There has been lots of manipulation with Tesla stock over the years. Tesla has about 4% of the US market but its market cap is around 15 x's what GM and Ford's are. Crazy. Ford sells more F150's than Tesla's total vehicle sales in the US. Tesla around 1 million worldwide, Ford 3.9 million and GM 6.3 million. Insane what Tesla is worth. Edited July 11, 2022 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted July 11, 2022 Share Posted July 11, 2022 (edited) 5 minutes ago, Highmark said: Tesla has about 4% of the US market but its market cap is around 20 x's what GM and Ford's are. Crazy. Ford sells more F150's than Tesla's total vehicle sales. Tesla stock price is still way over valued. But for the EV market the big 3 have a ways to go still. Their biggest obstacle is that union boat anchor they have around their necks. Tesla doesnt have that... yet. If Tesla stays in the forefront with robotics the others will be fucked. Ive worked in several auto assembly plants, working on the line is mindless work and their is boat loads of drama. Edited July 11, 2022 by Anler Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted July 11, 2022 Platinum Contributing Member Share Posted July 11, 2022 (edited) 7 minutes ago, Anler said: Tesla stock price is still way over valued. But for the EV market the big 3 have a ways to go still. Their biggest obstacle is that union boat anchor they have around their necks. Tesla doesnt have that... yet. If Tesla stays in the forefront with robotics the others will be fucked. Ive worked in several auto assembly plants, working on the line is mindless work and their is boat loads of drama. No doubt union/legacy costs hold Ford and GM back. With my business I'm well aware of the drama....assembly line is the worst by far as well. The grade school cliqueness is about as much as one can take some days. Edited July 11, 2022 by Highmark Quote Link to comment Share on other sites More sharing options...
Anler Posted July 11, 2022 Share Posted July 11, 2022 7 minutes ago, Highmark said: No doubt union/legacy costs hold Ford and GM back. With my business I'm well aware of the drama....assembly line is the worst by far as well. The grade school cliqueness is about as much as one can take some days. Ive seen plenty of it working there but one of my kid's friends dad works in the paint booth at Ford and they try to get him to work as many hours as he is willing to do simply because he isnt such an HR problem for them. But he says he is burnt out from it, he wants to quit LOL Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted July 11, 2022 Share Posted July 11, 2022 46 minutes ago, Highmark said: Both combined can't afford Telsa. https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/ Tesla $731 billion GM $45.6 billion Ford $44.76 billion You can't really use the market cap alone to compare the value of a company. Everyone makes that mistake. Either way, Tesla lost more in enterprise value from March to today than GM and Ford are worth total combined. I guess the market doesn't agree with Motortrend. Do you believe the millions of investors or Motortrend? Enterprise value: Tesla $769 billion, was $1.11 trillion in March. GM $131 billion Ford $142 billion Quote Link to comment Share on other sites More sharing options...
p51mstg Posted July 11, 2022 Share Posted July 11, 2022 I wouldn't bet against Tesla. Any company that can take on the world without spending any money at all on marketing is going to put up a fight. 15 Lessons to Learn from Tesla’s Marketing Strategy 3. "Every year, in the auto industry alone, billions of dollars are spent on advertising alone. But Tesla spends $0 on ads." Another one of Musk's ventures: SpaceX doesn't seem to have a problem making Boeing look like imbeciles. 1 Quote Link to comment Share on other sites More sharing options...
ICG Posted July 11, 2022 Share Posted July 11, 2022 Tesla will face all the design challenges + quality control issues as the Big 3 did, while they arrogantly sat back loosing market share, year after America doesn't have much dominance in the car world... Toyota Nissan,Honda, Volkswagen, Kia, Hyundai, Audi and the other hi end smaller corporations will continue building hi quality cars in their existing manufacturing plants, constantly straining a fledgling company, not known for making a profit until recently. Economies of scale will ultimately put Tesla in the rear view mirror... Battery Technology is Tesla's strength....somebody will acquire that + explode their market share! Twitter can only drag Tesla down faster... In Hebrew... Your strengths are yourweaknesses Your weaknesses are your strengths One Can only hope for American Business Success Quote Link to comment Share on other sites More sharing options...
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