My take, lots of people bought the model 3, it was promised for years & what we seeing is the backlog demand getting filled.
Right now Tesla will face what Ford/GM etc will...........but they got MEGA back up. The Model Y is strange, sort of a slighty larger Model 3....why would you buy one over the model 3?
I suspect China is behind Tesla, they want EV's because they got plenty of Coal thus electric power. Always remember when Hitler invaded the USSR he failed mainly because of Logistics....He didn't have oil or rubber thus truck were hard to come by.....Germany DID have lots of Coal & Steel, so what do you build?............TRAINS!
Sadly, they built trains with the plumbing on the outside rather than inside (like the Russians did).....when winter came the pipes froze & the troops didn't get their kit.
What we are seeing is a shit load of people whom have bought the model 3, taken the tax credit & are now trying to "Flip" the car at either profit or break even leaving than with the tax credit.
The Virus has been like a Bull in a China shop, massive number will now be forced sellers & suddenly it will be "Un-cool" to have a Model 3. I was shocked to find Tesla's are twice the cost to insure!
Musk's Great Leap Forward
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