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SaltH2ocroc
2021-03-04

nice article

Tesla Is Bleeding Battery EV Market Share To Ford's Mustang Mach-E: Morgan Stanley

Tesla Inc TSLA 4.84% is losing market share to Ford Motor Company’s F 3.42% Mustang Mach-E in the U

Tesla Is Bleeding Battery EV Market Share To Ford's Mustang Mach-E: Morgan Stanley

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The report assumed 21,550 Tesla sales in the U.S. and 9,527 BEV sales made up of a pack of manufacturers made up of names such as Ford,<b>Volkswagen AG</b>VWAGY 5.31%,<b>Bayerische Motoren Werke AG</b>BMWYY 4.13%, and<b>General Motors Company</b>GM 2.4%.</p><p><b>Why It Matters:</b>Electrek noted that Tesla does not break down sales unlike many other automakers and registration data are not available per state.</p><p>Model S and Model X production was also briefly halted in late February and Model 3 production was hit due to aparts shortage issue.</p><p>Tesla’s market share in the United States is likely to dip below 60% this year and below 50% in 2022, as per Electrek.</p><p>On Tuesday, former Tesla board member Steve Westly said the Palo Alto, California-based automaker will not remain “King of the Hill in electric forever.”</p><p>Westly pointed to heightened competition from traditional automakers and Chinese rivals.</p><p><b>Price Action:</b>Tesla shares closed nearly 4.8% lower at $653.20 on Wednesday and gained 0.11% in the after-hours trading.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The report assumed 21,550 Tesla sales in the U.S. and 9,527 BEV sales made up of a pack of manufacturers made up of names such as Ford,Volkswagen AGVWAGY 5.31%,Bayerische Motoren Werke AGBMWYY 4.13%, andGeneral Motors CompanyGM 2.4%.Why It Matters:Electrek noted that Tesla does not break down sales unlike many other automakers and registration data are not available per state.Model S and Model X production was also briefly halted in late February and Model 3 production was hit due to aparts shortage issue.Tesla’s market share in the United States is likely to dip below 60% this year and below 50% in 2022, as per Electrek.On Tuesday, former Tesla board member Steve Westly said the Palo Alto, California-based automaker will not remain “King of the Hill in electric forever.”Westly pointed to heightened competition from traditional automakers and Chinese rivals.Price Action:Tesla shares closed nearly 4.8% lower at $653.20 on Wednesday and gained 0.11% in the after-hours trading.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1358,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}