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EVs 2023: Is Tesla losing its cool as BYD ascends?

The world of EVs is changing, as is the leadership. Tesla lost 50% of its valuation in 2022. Some are predicting it will lose half of the remaining value in 2023, and although others predict the stock price will rebound, both outcomes are possible, and which becomes reality could depend very much on whether Tesla can remain ‘cool’, or through Musk and twitter becomes linked to far right.

Although entire EV future is not dependant solely on Tesla, a decline could have wide implications, for the market, competitors and the global transition to EVs. Not only are the ‘legacy’ automotive companies GM, Ford, VW and Toyota competition for the hearts and dollars from consumers, but also BYD, who is already taking the EV lead from Tesla.

Keys factor in EV trends during 2023 could turn out to be who is ‘cool’, shifting perceptions of a climate threat and the need for rapid response, and the impact of conflicts such as Ukraine. Rapid radical change for the industry, but it will take longer to impact consumers.

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Electric Vehicles and Electrification: Another perspective.

Electric Vehicles and Electrification: Another perspective.

This topic contains subtopics on living with EVs, reference pages, and analysis of the impact of EVs and electrification on the world. As this is not a news site, the focus is on analysing the implications of news for these topics, rather reporting all EV or electrification news, for which I recommend Cleantechnica, InsideEVs and CNEVPOST. The focus of these pages is on how EVs and electrification will change our lives, and change the planet. As a species, we are currently transforming from combustion as our primary energy source, to an electronic age, where electricity is our energy source. Just how much of our lives are changed by this can be easy to overlook from the inside experiencing the steps as the occur.

Electric Cars 2025: ‘adding up’ will create a revolution. Who wins, who loses? China? Japan?

Electric Cars: 2021, It Just Doesn’t add up (yet).

EVs 2023: Is Tesla losing its cool as BYD ascends?

EVs 2023: Is Tesla losing its cool as BYD ascends?