Why EVs Are Still Crushing Gas Cars in Global Sales

Thank you Mark from @TheTeslaLife for joining the discussion.

Links from today's show:
EV Sales, Including Hybrids, Surge For Auto Giants Not Named Tesla

Strong Performance In China Defied Tesla’s 2024 Global Sales Downturn. Even though Tesla sales in China, its second-largest market, were up in 2024, it wasn’t enough to make up for sliding sales elsewhere.

Electric car sales hit a record high in 2024 but fall short of government target. New car sales hit 1.95 million in 2024; EVs take 19.6 per cent share; Ford Puma is Britain’s best seller.

The Great EV Sales Slump of 2024 is a matter of history now that 2025 has begun, and it’s time to put things in perspective. Despite the click-baiting doom-and-gloom headlines of last year, global EV sales continued to grow, while gasmobile sales continued to fall.

Ford Sold More Mustang Mach-Es Than ‘Real’ Mustangs in 2024. Cheap lease deals likely played a big role in the Mach-E's success, but it's been trending in this direction for years.

Video from which last week's questions are answered - Very good and VERY bad news about Cybertruck

#Tesla #TSLA #EVs

[jamesmcneal]

You guys are great, keep these videos coming!

[gcauldwell]

1:34 - thank you so much for the grandpa story … Took about two seconds, and it lit up this video … just started, but I love it already ❤

[FHHOOKS]

Keep this up and it'll be 100k this year for sure Brian. 👌

[pranshukrishna]

14:50, True, Australian & UK markets are not keen on a $10k BYD car

[Karlkn]

Ha, I have not turned on a radio in my car or out of a car for years. If there is a chance of an ad playing, I'm not interested, period!

[JamieReneeVonTeez]

God bless our GREATEST GENERATION made of heros like your Grandpa !!!! I sooo thank him for his service! God bless his soul!!! Oh the videos are too short to address your ending statement!

[machoopichoo]

I fully agree with you Brian that the low cost car will be a hatch. However, an interesting challenge is that sure, it's smaller so fewer atoms, but this also reduces economies of scale by having different/new parts. However, since the TAM is ~10x the economies return again. Stream of consciousness apparently on my part.

[IronBeagle]

The car could listen to the radio stream before it goes out the speaker and determine if the if there is a siren sound in the stream.

[dougfolkerth]

Remove the glass roof and replace with steel. Cloth seats. Remove the badging (Tesla logos). For a start

[michaelsmithers]

I worked in car stealerships and it was standard practice to “sell the paper” at a lower rate than the customer signed for and pocket the difference.

[Travlinmo]

Brians comment of front of a M-3 or -Y with a hatchback is something I have wanted for a while. Seems it would really sell in Europe where the Golf ruled?!? I could easily see me change out of my old ICE backup car if we gets lucky. What I really do not see is that hatchback M-3 having lower price, so many people find those to be fun and more premium. I remember hoping they would produce a M-3 hatchback in Europe out of Berlin and import them back to the US before the IRA bill.

[JoelSapp]

I feel like the need to hear sirens is a bit overblown. If you’re in the city and hear sirens you font do anything until you see an emergency vehicle. It’s a sensor fusion issue.

[paulschilling]

I had an ‘09 Acura hat had active noise cancelling: it had mics at the base of the windshield and rear window, and pumped an inverse of that signal through the sound system whether you were listening to music or not—in other words it was on all the time. It was pretty effective when the radio was off—did a nice job eliminating road and wind noise—and amazingly effective when you were playing music. The one shortcoming is that it had difficulties with the sound from a Harley motorcycle; while it did make them quieter, it also made them sound like a goofy cartoon motorcycle, it was pretty funny.

[ScottRawdin]

Brian thank you for the personalization with your family PH story. Fantastic. Great work on Tesla and "the others" who play with numbers.

[farmerpete]

10:34 the front of a model 3 and a hatchback... yes, perfect!

[santiagovilla]

Europe is were tesla suffered a los, and the update of model 3 in usa early this year also affected the final sales numbers

[KelliSloan-rb]

Brian you were on it with the comedy today 😂

[GZL]

Model S and X have active noise cancellation. I’ve tried toggling it on/off, and on some noisier roads it makes a very noticeable difference. I’ve often wondered why this wasn’t offered in the Model 3 and Y, but I’d assume it may be possible with a software update if they have similar microphones.

[markeggleton]

Why wouldn’t the Tesla use the speaker under the frunk that plays external sound for the radio and the safety noise. Thanks Mark

[westcoast]

HATCH BACK OR STRIPPED DOWN 3 OR CHEAP USED/REFURBISED TESLAS OR NON SELF DRIVING TESLA CARS THAT ARE UPGRADEABLE TO HARDWARE 5