Hey everyone and welcome to Full Throttle Cars! In today's video we discuss the recent downfall of Tesla and what the future of the electric vehicle market holds. With increasing competition it appears Tesla is no longer the King of EVs.
Within the last week Tesla announced huge price cuts on new Model 3s and Model Ys. These cuts are up to 20% and over $10,000! This not only cut new car prices, but will also heavily impact used Tesla values.
We discuss the reason behind the these cuts as well as all of the new competitors in the EV space. Several new electric vehicles have entered the market in the past couple years. The best include the Lucid Air, Rivian R1T, Ford Lightning, and the Hyundai Ioniq 5.
Many of these vehicles offer very similar features and performance for the same or less money. Self driving technology was once only found in Tesla products, but now most manufactures offer similar technology. In some cases, like Mercedes, the technology is far better than Tesla's.
Timestamps:
Intro: 0:00
Tesla Price Cuts: 0:27
Lucid Air vs Tesla Model S: 1:36
Self Driving Competitors: 3:44
Affordable EVs: 6:33
Electric Trucks: 8:49
Best Tesla Competitors: 10:33
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Music: Electric Joy Ride - Origin [NCS Release]
Watch: [ Ссылка ]
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