Kyle Hagee

It also allowed electric vehicle companies or companies trying to establish themselves in the EV space to to remain profitable on these vehicles because they were getting essentially $7,500 from the government. This was effective. In 2023, EV sales in the U.S.

It also allowed electric vehicle companies or companies trying to establish themselves in the EV space to to remain profitable on these vehicles because they were getting essentially $7,500 from the government. This was effective. In 2023, EV sales in the U.S.

reached a record high of nearly 1.2 million units, and this was a substantial increase from 5.9% in 2022 and 3.2% in 2021 in terms of total U.S. vehicle market. Now, zooming out a little bit, Tesla is actually about half of all of the U.S. EVs in the third quarter. They sold half. So they are a major player in this. However, Tesla's U.S.

reached a record high of nearly 1.2 million units, and this was a substantial increase from 5.9% in 2022 and 3.2% in 2021 in terms of total U.S. vehicle market. Now, zooming out a little bit, Tesla is actually about half of all of the U.S. EVs in the third quarter. They sold half. So they are a major player in this. However, Tesla's U.S.

reached a record high of nearly 1.2 million units, and this was a substantial increase from 5.9% in 2022 and 3.2% in 2021 in terms of total U.S. vehicle market. Now, zooming out a little bit, Tesla is actually about half of all of the U.S. EVs in the third quarter. They sold half. So they are a major player in this. However, Tesla's U.S.

EV rivals have collectively steadily eroded this market because Tesla used to be about 80% in the first quarter of 2020. So the EV market might be getting a shakeup. We're not sure who the winners are going to be. We're not sure who the losers are going to be. And does this mean I need to add a Tesla to my Christmas list? What should I be doing here?

EV rivals have collectively steadily eroded this market because Tesla used to be about 80% in the first quarter of 2020. So the EV market might be getting a shakeup. We're not sure who the winners are going to be. We're not sure who the losers are going to be. And does this mean I need to add a Tesla to my Christmas list? What should I be doing here?

EV rivals have collectively steadily eroded this market because Tesla used to be about 80% in the first quarter of 2020. So the EV market might be getting a shakeup. We're not sure who the winners are going to be. We're not sure who the losers are going to be. And does this mean I need to add a Tesla to my Christmas list? What should I be doing here?

I think that is the most interesting point here, which is Tesla is kind of far out ahead of the competitors. They've built EV infrastructure. They have the manufacturing process down. GM, Ford, Rivian, all these companies are trying to catch up to Tesla. And in some ways, the subsidy is helping them all, but it's helping these challengers to Tesla a little more.

I think that is the most interesting point here, which is Tesla is kind of far out ahead of the competitors. They've built EV infrastructure. They have the manufacturing process down. GM, Ford, Rivian, all these companies are trying to catch up to Tesla. And in some ways, the subsidy is helping them all, but it's helping these challengers to Tesla a little more.

I think that is the most interesting point here, which is Tesla is kind of far out ahead of the competitors. They've built EV infrastructure. They have the manufacturing process down. GM, Ford, Rivian, all these companies are trying to catch up to Tesla. And in some ways, the subsidy is helping them all, but it's helping these challengers to Tesla a little more.

So if they kill the subsidy, exactly to your point, it hurts Tesla a little bit. It hurts these other companies a lot more. What I also think is interesting is on a global scale, China is really ascending in the EV market. They have the company BYD, which is blowing up in China. It's trying to enter other markets. So far, we've been effective at keeping it out of the U.S. market.

So if they kill the subsidy, exactly to your point, it hurts Tesla a little bit. It hurts these other companies a lot more. What I also think is interesting is on a global scale, China is really ascending in the EV market. They have the company BYD, which is blowing up in China. It's trying to enter other markets. So far, we've been effective at keeping it out of the U.S. market.

So if they kill the subsidy, exactly to your point, it hurts Tesla a little bit. It hurts these other companies a lot more. What I also think is interesting is on a global scale, China is really ascending in the EV market. They have the company BYD, which is blowing up in China. It's trying to enter other markets. So far, we've been effective at keeping it out of the U.S. market.

I don't see the Trump administration changing that. And so there's also this push of remaining dominant in the EV and battery space for the U.S. as a concern of national security. And there was this Alliance for Automotive Innovation actually telling Congress, we need to keep these subsidies in place, not just for consumers, but to allow our companies to develop better EV infrastructure.

I don't see the Trump administration changing that. And so there's also this push of remaining dominant in the EV and battery space for the U.S. as a concern of national security. And there was this Alliance for Automotive Innovation actually telling Congress, we need to keep these subsidies in place, not just for consumers, but to allow our companies to develop better EV infrastructure.

I don't see the Trump administration changing that. And so there's also this push of remaining dominant in the EV and battery space for the U.S. as a concern of national security. And there was this Alliance for Automotive Innovation actually telling Congress, we need to keep these subsidies in place, not just for consumers, but to allow our companies to develop better EV infrastructure.

to remain competitive from a national security perspective as well. I think this is actually a really interesting story. It has hurt most EV companies. Rivian stock was quite down on the news. We'll see if it goes through, but I do think the most sneaky piece is that it might also help Tesla overall.

to remain competitive from a national security perspective as well. I think this is actually a really interesting story. It has hurt most EV companies. Rivian stock was quite down on the news. We'll see if it goes through, but I do think the most sneaky piece is that it might also help Tesla overall.

to remain competitive from a national security perspective as well. I think this is actually a really interesting story. It has hurt most EV companies. Rivian stock was quite down on the news. We'll see if it goes through, but I do think the most sneaky piece is that it might also help Tesla overall.