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188 points zfg | 1 comments | | HN request time: 0.288s | source
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eggy ◴[] No.43471093[source]
I would guess the +31% in Europe is also due to the stricter emissions standards, Euro 6d, and government subsidies are driving that figure in my opinion along with climate change fears. Elon already made, played, and won the EV market, and he has a lot more going on, so the devaluation of Tesla stock, the world's number one car predominantly an American-made car (more so than Ford) bumped back up recently, only hurts US pension funds, other investors, and owners. I wonder how Europe's energy production is fairing with the war in Ukraine, and what the total cost of ownership of an EV, Tesla or otherwise, is going to be to own an EV there. After all, they lost 40% of their gas supply. France and Germany have nuclear, but Germany has cut back due to Green party and green initiatives. France is bringing reactors online that were in maintenance and service periods, and they are building new ones by 2035. US gas prices and domestic energy production will ensure that will not be an issue here in the US.
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bildung ◴[] No.43471157[source]
Teslas market share in the EU is currently at around 15% of EVs - Musk hardly "won" that market.

The only EV market where that looks to be true is the US, which has a protectionist policy of 100% tariffs in place to keep out the competition.

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1. eggy ◴[] No.43482327[source]
"won" was past tense. Norway had so many Tesla's when my son visited there due to subsidies and green consciousness. The Tesla Y model was leading the EV sales in the EU as of recently, but I don't have the latest data.

People typically do not compare the opposing tariffs, only the US. Europe charges 10% on top of the 10% imposed on all cars imported to the EU. The US charges only 2% on EU car imports, higher for light trucks. I believe in a free market, but also leveling the playing field, so hopefully we will raise the tariffs equally on EU car imports.

And your 100% import on EV figure is only for China if I recall correctly, not from the EU. It is to counter Chinese unfair trade practices. I am curious about the BYD EVs from China though, and I would like to test drive one, especially after being in and driving my son's Tesla to compare them. I'd still get a Tesla, since more than 50% of the parts are sourced in NA and assembly (Fremont, CA, and Austin, TX) for the main models for sale here in the US (batteries from Nevada's Gigafactory).