A recent article in Forbes highlighted that J.D. Power and LMC Automotive have found “a growing backlog of unsold new cars and trucks” across the country. The reason? Sales are down.
Subaru sales are down 66% in 2019, Mazda sales are down 45% in the last 3 years, and Ford sales are down 50% in the last 10 years.
Preface: I first published this article in March 2018. A recent tweet highlighting a 2014 interview with Elon Musk reminded me of it, and since the piece is as relevant today as ever, I’m reposting it below with only minor changes. Enjoy!
Yet again, before sharing the 20 most popular CleanTechnica articles of the past week, I’m going to force you to read my personal favorites from our pool of exclusives/originals. (Of course, if you are smart, you can just scroll past my favorites.)
The Dutch plug-in electric vehicle (PEV) market had another positive month in May, with 2,688 plug-in vehicle registrations — up 193% year over year (YoY). That translated into a PEV share of 7.3% on the broader auto market. The year-to-date (YTD) count is now up to 15,537 units, with the 2019 PEV share at 8.3%, well above the 6% of last year.
Who’s diverting your attention away from this remarkable American success story? There are some alligators lurking in the FUD. Even Elon acknowledged, “It’s the most crazy disinformation campaign I’ve ever seen.”
Criticisms of Tesla actually haven’t changed much over time, especially in the deceivingly serious (or seriously deceiving) investment world. In the past 11 years or so, the same core talking points have been reused, recycled, and revisited in carousel-like cycles. Nonetheless, as one negative forecast is proven incorrect, another can sprout up.
The 20 most popular CleanTechnica articles last week are listed below. First, though, I’ll note some of my personal favorites of the week.
In the first quarter of 2019, for the third quarter in a row, Tesla outsold Porsche and Jaguar globally.
It seems that Tesla has had critics since the day it came out of stealth — or before that. Even CEO and co-founder Elon Musk didn’t expect the company to succeed. He simply poured his money into it on the slim chance that it would succeed, and would thus help … [continued]
