Originally Posted by Ws6
Originally Posted by JeffKeryk
Originally Posted by dareo
Bad news for Tesla, California new registrations down 46.5% to 13584 Teslas in Q4 2019 vs Q4 2018's 25402. California is exactly where you would want a Tesla, tons of sunshine, good weather, sky high fuel prices, and yet the registrations are down??
From Jan to Sep 2019, in CA, the Model 3 was the 3rd best selling sedan in CA behind Civic and Camry.
Model 3 sales in CA thru Sep 2019
https://evannex.com/blogs/news/tesl...igher-than-the-average-vehicle-from-ford
Tesla actually hit @22% per Model 3, for the last quarter in 2019. Up from 18.9%. Just another reason I won't buy one. Poor support. Poor R&D. Poorly done EVERYTHING, and they want more of my money than anyone but Porsche, Ferrari, and Aston, it seems. Tesla is an emotion-driven creature, and is not sustainable.
Originally Posted by bubbatime
It has to collapse some day. Has to.
Many large investment funds are required/choose to heavily weigh "being green" and "environment" when purchasing shares. Tesla checks all the boxes in that regard so the money just pours in. With interest rates having been at historic lows for over a decade money has to go somewhere. Ironically the Kingdom of Saudi Arabia is the third largest holder of institutional shares (4.5 percent).