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hepinhei
Of course their market share will decrease. No news here. The question is : will they still be the n#1 EV company ? probably yes
jgalt212
And like Apple, will they still have the best margins in the business? I'd also guess yes.
fwlr
This is due to the market for electric vehicles growing much faster than Tesla is. The note reports 78% market share in 2018 and 62% in 2022.

Numbers for illustration only:

In 2018 there were 100 people who wanted EVs and 78 of them bought Teslas.

In 2022 there were 1,000 people who wanted EVs and 620 of them bought Teslas.

In 2026 it is predicted there will be 10,000 people who want EVs and 1,800 of them will buy Teslas.

[dead] bboygravity
[flagged]
tapoxi
Tesla having 18% of the market isn't a reason to short Tesla, it just means the market for EVs is growing.

Tesla's cars obviously don't appeal to everyone, and with GM and Ford having Supercharger access, there's not much special sauce.

belter
Tesla having 18% of the market isn't a reason to short Tesla, Tesla requiring to have 50% of global auto market share to justify it's current valuation is.
DoesntMatter22
Megapacks, solar, robot, autonomous driving they will license and superchargers are the reason not your straw man
belter
You are ignoring the message because you don't like the messenger.
dagmx
CNBC are just reporting what the Bank of America is saying.

The hardcore Tesla community has an unhealthy obsession with CNBC