1/ The Tesla and EV growth story is a complete myth and this is why! Let's compare Tesla to the competition $GM. Through Q3 of 2019 $TSLA had sold a whopping 255,561 cars worldwide. In Q3 alone, Tesla sold 97,186 cars. This was a Q/Q increase 1.92% over Q2 sales of 95,536. $tslaq
2/ Oh yeah you read that right. A hypergrowth company that opened up markets in Japan, Australia, Britain, all of Europe and China had Q/Q growth of 1.92%. Wait it gets even better. Tesla in Q4, 2018, sold 90,966 cars. Let's do the math together 97,186-90,966=6,220 more cars.
3/ Take 6,220 cars and divide by 90,966 and wait for it, Tesla sales increased by 6.8% over last years record Q4 quarter. You say that was only predominately North America. Bingo, after opening up the whole freaking world market Tesla's sales only rose 6.8%. Still 255,561
4/ is quite an accomplishment and Tesla is stealing market share from GM and other OEM's. Well let's take a look at those numbers. GM YTD has sold 5,688,000 cars. This gives Tesla entire output equal to about 4.5% of GM. Now I want to blow your mind just a tiny bit.
5/ Electric vehicle sales according to just about every expert I see on CNBC are the future of auto and they are just tapping into their future market. I mean the potential pool according to experts like Cathie Wood or Ross Gerber is in the gadzilllions or some crazy number.
6/ EV's have had the benefit of generous government subsidies, tax credits, environmental laws, government mandates on clean vehicles. I mean hell, if other OEMs don't produce cars they have to pay companies like Tesla money so Tesla can build more of their cars on their dime.
7/ Talk about a competitive advantage. So what does this due to demand? It artificially shifts the demand curve to the left and increases the buyer pool. This will eventually lead to increased suppliers as well as they see increased demand.
8/ Now time to have your brain pop right out of your skull. With all of the above EV sales decreased worldwide in Q3 by a whopping 17.9% v Q2. Yep, mind blown right? Q3 EV sales 500,643 compared to Q2 sales of 610,061. In fact when comparing EV sales to Q1 the slowest quarter
9/ in auto sales, Q3 is Q/Q decline of around 1%. With all of the above, all of the market entrants, the artificially expanded pool of buyers and with all of that going away sales are decelerating. You say maybe all auto sales are declining and EV's are effected by macroeconomics
10/ In Q1 2019 GM sold 1,879,000 cars worldwide vs. 1,869,000 in Q3. That is a decrease of .00532%. EV sales during the same time period went from 503,344 to 500,643 in Q3. A decrease of .00537%. So wait sales not only decelerated more but took absolutely 0 market share from GM?
11/ What is the next catalyst model Y. I did a more in depth thread on why I think the Y is dead on arrival so read it! In summary, why pump Cyber and cannibalize, why lower deposits to $100, why no reservation pump if anyone wanted the Y, yada, yada.
12/ So you say Tesla is more than autos and will grow in other areas. Batteries right? It is all about the cylinders baby. Panasonic has batteries Tesla doesn't. That joint venture out there in the desert GF1 yeah that is Panasonic, Panasonics equipment and Panasonics chemistry
13/ I don't think Panasonic is feeling the love for Tesla either. Guess who didn't want to invest in GF3? Guess who found anew partner for a future battery project. In fact you can read about the torrid illicit affair right here from Reuters. reuters.com/article/us-toy…
14/ If not batteries autonomous driving right? Look who placed dead last in autonomous driving according to this well known research report. you can argue the merits of the report but guess who has money printing robotaxi's in Chandler, Az., Waymo. Tesla robotaxis =0. 
15/ If you need further evidence enjoy a good laugh by watching Advanced Summon at work on YouTube. If your car can't navigate a parking lot it isn't going to be making you money. Well there is till solar right? Tesla is giving systems away for $100 and guaranteeing it will
16/ print you money and it barely moved the needle. Oh and back to GM. 95,503,000,000, that is GM's YTD sales autos only. $14,453,000,000.00, that is Tesla's YTD sales in autos. Which company do you think has the resources to invest in infrastructure, R&D, manpower if
Sorry to the right, oops
