What does Tesla’s sale decline reveal about the global electric car revolution? | BBC Newsnight

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Published 2024-04-04
Tesla’s sales have dipped so far this year, but prices for electric cars are coming down as more come on to the second-hand electric vehicle market.

Newsnight’s Ben Chu has been crunching the numbers on what’s happening in the EV market, looking at what effect politics has had and how fast different countries are moving towards using electric cars.

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All Comments (21)
  • @ydnallah1541
    They’re too expensive for private buyers as a new car and nobody wants one second hand hence why the used market for EVs is not particularly strong
  • @issiewizzie
    not just network charging, the electricity is getting expensive also
  • I like the loud noises that my 6.4 liter gas powered engine makes, plus it's a manual 6 speed transmission. I have zero interest in driving around a soulless electric appliance, that will lose half it's value a week after purchase.
  • @McLKeith
    Norway is also a very small country. I live in Canada and occasionally need to drive a 1,000 km or more. A hybrid may do, but a totally electric car won’t. Norway leads the way in EV, but it made its wealth on North Sea oil.
  • The cost of the battery when it fails is obscene, yet still batteries aren’t serviceable…
  • @user-jb2om7cm8m
    Most people are familiar with the limitations at this point, but what's really killing the EV is depreciation. Most were bought as corporate fleet vehicles, for subsidized tax write offs, carbon credits, ESG scores etc- not any particular love of EVs themselves. But none of these apply to the used market, so whatever value is artificially gained by incentives, is what you ultimately lose when you sell the car. This just didn't show up for a couple of years because lockdown supply issues were artificially propping up the used market also.
  • @trydowave
    Is it because they're too expensive?
  • @jrs55555
    The cold winter in parts of North America caused a lot of problems with the batteries. In Canada you see charging stations halfway to anywhere in the middle of nowhere. Often out of cellphone range.
  • @J24Richie25
    It’s because NO ONE wants to wait 40+ minutes at a supercharger waiting for their car to fully charge every damn time when you can wait a literally minute to fill up a gas tank in a gas run vehicle
  • @HaviccB
    People don't have 100k for an albeit awesome, toy.
  • @UndeadFleshgod
    Pricey and they won't do shit for climate. "Cars on the road account for 12% of all emissions" Then go 100% electric everywhere and it'll be like "Cars on the road account for 0% of all emissions, but battery production and waste account for 30% of all emissions"
  • @paulbiggs5523
    This hits the nail on the head, Norway is way ahead of us because their government sees it as a way forward and support it, it is not going as well in the Uk because our government looks at everything as a "cash cow" opportunity and does not properly support the technology. There are real problems with installing chargers and nobody will buy a vehicle at vast cost that they will not be able to use properly.
  • @scarecrow2275
    Between the financial cost and the cost to human lives, I don't see Electric Vehicles as a global revolution and I doubt highly that African children see it that way either.
  • Sad to say you left out the behaviour of the chief executive of the company from your research