TESLA'S ORDER BACKLOG: GETTING IT ALL WRONG / GM TAKES AIM AT TESLA ENERGY - CAN IT COMPETE?

EV Channels Review

The video discusses Tesla's order backlog, suggesting that long wait times may be causing potential buyers to opt for non-Tesla vehicles. It also highlights that Tesla is not currently selling the Model 3 Long Range, a high-volume model, and that not all buyers will qualify for the new EV tax credits due to income limits. The analysis of Tesla's export numbers from Shanghai indicates that the export rate is not a sign of cratering demand. A significant portion of the video is dedicated to GM's entry into the energy market with 'GM Energy,' which aims to compete with Tesla Energy. The reviewer expresses skepticism about GM's ability to match Tesla's integrated ecosystem and in-house software development from the outset, citing Tesla's seven years of experience and slim margins in the energy sector. The video also touches on Honda's new battery facility with LG, CATL's predicted profit jump, and Tesla's continued dominance in the US EV market share.