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Loki-Don t1_iyd8ewl wrote

Reply to comment by OriginalCompetitive in Competitors chip away at Tesla's US electric vehicle share by Sorin61

When you are only selling ~200,000 vehicles a quarter, the yoy growth rate is immaterial. VW (for example sells ~2.3 million vehicles per quarter.

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OriginalCompetitive t1_iydkd3y wrote

Your claim was that the decline was devastating to Tesla. As to that claim, Tesla’s fast growth is highly material. Whether VW makes more money is irrelevant to whether Tesla is earning money.

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FTR_1077 t1_iydowsx wrote

>Your claim was that the decline was devastating to Tesla.

To be fair, it's devastating to stock valuation.. how much that matters is relative.

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