Quarterly US Auto Sales Down Nearly 1 Million While Tesla Sales Up 114% In 3…
US Auto Sales: Tesla Up 97% In Q2 2022 vs. Q2 2019, Overall US Auto Sales Down 22% (942,390 Units)
US Auto Sales: Tesla Up 97% In Q2 2022 vs. Q2 2019, Overall US Auto Sales Down 22% (942,390 Units)
Following up on US auto sales reports for the 4th quarter of 2021 as well as the full year 2021 compared to 2020 and 2019, here is our report on US auto sales in the 1st quarter of 2021 compared to the 1st quarter of 2019 and the 1st quarter … [continued]
US auto sales in 2019 were down 1.4% to 1.6% compared to 2018. That was before COVID-19 hit the United States and destroyed the US auto industry (among other things) for several months. So, when looking at 2021 US auto sales, I find it more interesting to compare to 2019 … [continued]
It’s been a busy beginning of the year already, and we’ll have more to report on that shortly, but let’s first take a stroll back a few months to look at what happened in the US auto industry in the 4th quarter of 2021. To get started, looking at the … [continued]
I just published a report highlighting the fact that Tesla’s US sales have been growing as the overall auto market has tanked, and I also published one looking at companies’ EV share of auto sales (Tesla being at 100%, of course). I nearly closed all my Google Sheets and left … [continued]
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
Tesla has been spending $2,984 on R&D per car sold. Its competitors? Not even half as much.
The first thing I want to say is that although this is an interesting thought experiment, I’m not saying this will happen or even that it should happen. I like to document these “back of the envelope” calculations to have something to refer to for all the electric vehicle naysayers … [continued]
Another quarter has wrapped up and we have more grand trends in the US auto industry. In the charts and text below, I’m comparing Q2 2021 (the second quarter of 2021) with Q2 2020 and also with Q2 2019. Naturally, year-over-year changes are interesting, but given how unique last year … [continued]
Tallying up US auto sales for Q1 2021 at long last, I was only slightly curious to see how they compared to Q1 2020 (and perhaps that’s why it took me so long). Clearly, with the US in lockdown for part of Q1 2020, it was just a poor quarter … [continued]