THE U.S. GETS LEFT BEHIND IN THE BEV REVOLUTION

First, the facts :

1. Tesla's market share now exceeds 80%

= "No Competition"

2. U.S. market volume of BEVs stagnates at the lowest level of the three Major Markets

3. And look who's not there :

- no VW ID.3

- no Mercedes Benz EQC

- no Renault Zöe

- no Peugeot 208

- no Chinese names

- smallest of the Top 11 has less than 0.01 RMS to the Market Leader

4. Compare this picture with Europe

- smallest of the Top 12 has 0.2 RMS to the Market Leader

5. Compare this picture with China

- smallest of the Top 16 has 0.1 RMS to the Market Leader

6. Compare this picture with the World

- smallest of the Top 16 has 0.1 RMS to the Market Leader

7. The U.S. BEV Market is an "Empty Bucket"

It is basically just a "U.S. Tesla Market"

So what will be the consequences of this ?

THE U.S. BEV MARKET DEVELOPMENT LAGS BEHIND CHINA AND EUROPE

What are the consequences of this ?

1. Slower progress towards the replacement of the ICEV fleet

2. Loss of leadership opportunities for players not called Tesla

3. Lack of scale for local players not called Tesla

4. Lack of industry scale outside of the Tesla ecosystem

5. Lack of global competitiveness for U.S. based players not called Tesla

6. Continued shrinkage of Ford and GM on the World stage

7. Greater auto innovation and momentum in China and Europe than in the USA outside of Tesla

8. North American FUDsters win a Pyrrhic victory by destroying the region's global competitiveness

- for what gains ?

- more CO2 emissions and NO2 pollution ?

- tougher job losses