Quote:
Originally Posted by RedDevil
Tesla sold more EVs in a quarter than Hyundai sold EVs plus PHEVs combined in a year: Q3 (83,500) and again in Q4 (90,700).
Hyundai sold a lot of cars before Tesla even existed. Yet Tesla managed to become one of the leading EV manufacturers from scratch. Hyundai had a far better position at first, but didn't.
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Nobody cares that Tesla is the number 1 EV manufacturer. What investors care about is earning per share and the stock price.
Hyundai will exist in 10 years. Tesla is still a question mark.
Again, there is nothing for mainstream automakers to learn from Tesla. Tesla's primary benefit to the industry is showing that there is limited demand for EVs.