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RECAP: TESLA LOST ITS MOJO?
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RECAP: TESLA LOST ITS MOJO?

Impact of Competition & Recession

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InvestAnswers
Jan 05, 2023
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Today’s Take

  • 13% of all new cars sold in 2022 are battery-electric vehicles worldwide

  • Historically, luxury cars have not been heavily impacted by recessions

  • The majority of automotive executives believe that Tesla is going to win the autonomous vehicle race

  • Non-Tesla manufacturers cannot compete on performance

  • Model 3 is right at or below the cost of the ave…

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