A video: “The EV Bubble Popped – What Now?”

The EV market hasn’t been doing so well. In fact, Tesla deliveries actually declined year over year. This is especially concerning given that Elon has long projected a 50% annual growth rate for Tesla in terms of deliveries. At this point though, Tesla is not only failing to meet their annual growth rate targets but they’re even experiencing negative growth. It’s not just Tesla who’s suffering either. Rivian and Lucid are on track to go bankrupt and are desperately pivoting to cheaper vehicles to save their business. Even legacy automakers like Ford are starting to pull back on EVs, but what happened? Weren’t EVs supposed to be the future? Well, EVs are still definitely the future but the transition is not turning out to be nearly as fast as many EV enthusiasts expected. The reality is that a lot of people still prefer gas cars. Even people who own EVs like keeping around a gas vehicle as well. This video explains the various challenges EV makers are facing and the future of the EV market.

Here are key timestamps linked to significant moments in the video:

1. 00:00:00 – Introduction to the EV Industry’s Decline
2. 00:00:32 – Tesla’s Stock and Revenue Struggles
3. 00:02:04 – EV Industry Downfall: Legacy Automakers’ Losses
4. 00:03:20 – Interest Rate Hikes and Impact on EV Sales
5. 00:05:15 – Waning Consumer Interest in EVs
6. 00:07:03 – EV Affordability vs. Demand Issues
7. 00:08:15 – Range and Charging Concerns
8. 00:09:40 – Competition Among Legacy Automakers
9. 00:11:10 – Future Challenges for Tesla and Rivals
10. 00:12:45 – The Long Road Ahead for EV Adoption