Tesla’s California market share plumets despite aggressive price cuts

The Guy, Elon Musk, Who Did Not Found Tesla is Ruining the Company

Tesla’s market share in its key California market tumbled in the first quarter of the year despite aggressive price cuts as rivals stepped up, data showed on Friday. Tesla (NASDAQ:TSLA) Inc controlled 59.6% of the battery electric auto market in California from January to March, down from 72.7% for all of 2022 and the lowest since 2017, according to Reuters calculations based on data from the California Energy Commission.

Tesla’s sales in California accounted for 16% of the automaker’s global deliveries last year, according to Reuters calculation. California is by far the biggest U.S. state for zero emission vehicles. Tesla CEO Elon Musk’s pursuit and ruination of Twitter and embrace of libertarian, authoritarian Republican values has diminished Tesla’s brand, especially in the liberal and hugely wealthy state of California. Wealthy Libertarian turds are not valued in California, and often make their original fortune in the state, and then later run to Texas and Florida where they are given money and tax breaks by right-wing governors to migrate to the land of regressives. Musk is one such turd. Better electric cars, such as the Lucid, Mercedes and BMW, designed in California by highly skilled engineers, offer much better quality and designs that are not old and tired. Before he went to work for the plutocratic Musk, an independently minded Sandy Munro, who takes apart and reverse-engineers cars to assess quality, issued a brutal appraisal of the Tesla Model 3 citing “flaws that we would see on a Kia in the ’90s.” He noted inconsistencies such as uneven gaps between exterior panels and paint job issues, saying “I can’t imagine how they released this.” In an attempt to rescue the company that Musk took over from its founders through a hostile takeover, Musk recently made Tesla a dual-headquarters company with a return to California from the polluted Texas desert, the most polluted state in the US with Tesla now making the Austin Area’s pollution even worse. Key here is reestablishing the engineering headquarters to the San Francisco Bay Area. Unfortunately, the technology that was created by Tesla’s founders, Martin Eberhard and Marc Tarpenning, and their team, is now outdated. Those battery packs in the original Tesla Roadster, carefully designed and manufactured by the original Tesla team before Musk, are just now failing after 15 years in service. The new batteries under Musk, often fail in half that time. And the new 4680 battery is not revolutionary and has been a technical nightmare. Musk is so malevolent and impulsive that he drives away talent from his companies. Musk squandered a giant lead in the electric auto market, and now is trying to correct his errant ways. There’s still time to right the company, but Musk is not a smart man when it comes to engineering and managing companies, and will likely continue to drive the company to mediocrity. His social media wizardly has worked well to sell what other’s have developed, but sadly the development of new technology and better products under his command has been a disaster.

Published by Dr. Greg Maguire, Ph.D.

Dr. Maguire, a Fulbright-Fogarty Fellow at the National Institutes of Health, is a scientist, innovator, teacher, healthcare professional. He has over 100 publications and numerous patents. His book, "Adult Stem Cell Released Molecules: A Paradigm Shift To Systems Therapeutics" was published by Nova Science Publishers in 2018.

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