However you look at it, 2025 does not look so good for BEV sales. And the primary reason is that Tesla sales are down. Yes, most early adopters have their EVs, but are not going back to ICE. We do have more PHEVs and HEVs and those owners will also most likely be looking at a future BEVs. With battery prices dropping combined with better range and faster charging, I think the BEV sales will pick up again, proabably in 2026 and 2027.
Outside of a handful of countries, EV adoption makes too much economic sense to be stopped: lowest cost to operate - electricity, maintenance, and reliability rapid technology evolution - better battery chemistry, several motor variants, and integration proliferation of non-combustion electric power - wind, solar, and small-scaled nuclear The strongest argument, is to see a refugee carry their most precious possessions: "When I am through, only the rich will be able to afford candles" - Thomas Edison Bob Wilson
Bear in mind, too, that the ever-changing tariff situation is scrambling things for all types of powertrains.
Well, by the very nature of negotiating, the tariff situation will continue to be ever-changing. Will have to wait until the first few big deals (memorandums of understandings) are announced before being able to see where the tariffs might end up. I think India, Japan and SK are the main focus right now. The first to settle will certainly be looked at as a precedent.
For this short-TSLA buyer, good news: https://www.theguardian.com/technology/2025/may/01/tesla-denies-report-claiming-board-looked-to-replace-elon-musk Tesla has denied a report that its board sought to replace Elon Musk as its chief executive amid a backlash against his rightwing politics and declining car sales. Robyn Denholm, the chair of the board at the electric carmaker, said in a statement on Tesla’s social media account on X: “Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company. “This is absolutely false (and this was communicated to the media before the report was published). The CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead.” . . . Bob Wilson
TSLA on a tear again. Probably due to tariff easing prospects. Markets in general continuing their upward trend.
I'm out of it. Just closed my short position and waiting on Monday to see what is in the settlement fund. By waiting too long, probably lost about $300 but heck, first try and lessons learned. Bob Wilson
Shorting is normally a short term strategy. Best to catch a downturn in progress and then get out when it runs out of steam. More a tool for day traders and short term holds.
