Tesla registrations crash 17% in Europe as BEV market surges 14% (electrek.co)
199 points by breve 4 hours ago
bdcravens 3 hours ago
Even ignoring Musk's shenanigans, anyone buying a new EV may need to reconsider whether Tesla is in it (supporting consumer-owned EVs) for the long haul. Recent moves, and even quotes from Elon, suggest they might not be.
davidw 3 hours ago
> shenanigans
It's a lot more than "shenanigans": he's likely responsible for the deaths, via starvation and illness of hundreds, thousands, or more. The quick and sudden DOGE cuts ripped those programs that were keeping people alive away, without any chance to phase in replacements.
luke5441 3 hours ago
Current estimates are 500,000-1,000,000 directly from aid cuts https://www.cgdev.org/blog/update-lives-lost-usaid-cuts with 1.6 million deaths projected.
slaw 2 hours ago
ta9000 2 hours ago
BurningFrog 2 hours ago
htx80nerd 2 hours ago
toomuchtodo 3 hours ago
Betelbuddy 3 hours ago
quote from Tesla latest earnings call, at 04 min..
"Because we're really moving into a future that is based on autonomy and so if you're interested in buying a Model S and X, now would be the time to order it, because we expect to wind down S and X production in next quarter and basically stop production of Model S and X next quarter. We'll obviously continue to support the Model S and X programs for as long as people have the vehicles, but we're gonna take the Model S and X production space in our Fremont factory and convert that into an Optimus factory, which will... with the long-term goal of having 1 million units a year of Optimus robots in the current S/X space in Fremont."
techblueberry 3 hours ago
I genuinely don't understand, is the Optimus real? Isn’t there a like 10 to 1 ratio of Boston Robotics demos to Optimus demos? Has it ever been verified to actually do anything?
Boston Robotics robots are over there doing backflips and the only thing I’ve seen Optimus do is in extremely controlled environments.
RyanOD 2 hours ago
richardw 2 hours ago
WarmWash 2 hours ago
MetaWhirledPeas an hour ago
illwrks 3 hours ago
So no parts when they are eventually needed!
iknowstuff 3 hours ago
CamperBob2 38 minutes ago
rvnx 3 hours ago
So Tesla abandons cars ? Keeps only the Cybertruck ?
tavavex 3 hours ago
barbazoo 2 hours ago
Autonomy or robots? Because autonomy very much still includes (personal) transportation?
small_model 3 hours ago
Agreed, Tesla will sell autonomous miles not cars going forward, Model Y is still the best selling car on planet earth for many years in a row though so they'll keep selling that as they make large profit margins on it (unlike every other EV maker who are making a loss)
malfist 22 minutes ago
Model Y is #8, not #1. Note this is specific to the US. If you include the entire world, it would be lower.
https://www.kbb.com/best-cars/top-10-25-best-selling-cars-tr...
pupppet 3 hours ago
Is any other US company making a play for putting these shiny new AI's in bots like Musk is trying to do with Optimus or has society just resigned itself to shovelling money on to his doorstep?
the_real_cher 3 hours ago
They refuse to use lidar
They cut the lifetime subscription to fsd
They canceled two Tesla models
They're converting Tesla factories to make Optimus robot
I was going to buy a Tesla but now have concerns.
delusional 3 hours ago
It's not just a question of the long haul. About 25% of new model 3's failed their first inspection in 2024 in denmark. That means they aren't road legal without repairs. That's compared to 9% of other electric cars. And yeah, they run a 4 year warrenty, so when the first inspection is due after 4 years, it also conviniently out of warrenty.
It's even worse with the Y where 50% (yes, HALF) of 2021 models failed their first inspection.
Rnonymous 2 hours ago
I was under the impression EV's are relatively maintenance free, especially compared to ICE. What are the typical failures of those teslas?
simonask 2 hours ago
speedgoose 2 hours ago
joering2 3 hours ago
Honestly I think it depends if Trump stays in power above his current term (not here to argue whether or not its possible). But he knows he cannot collect billions of tax payers subsidies for EVs and then flip a switch and have factory producing Optimus bots. That 100% fraud, and only Trump will ignore it.
bagels 3 hours ago
How is it fraud for a company to change focus and start producing other kinds of products? It's not fraud in the same way that promising that the car would be able to drive itself from Los Angeles to New York in 2017 and selling people "Full Self Driving Hardware" is.
ralph84 3 hours ago
Tesla single-handedly created the market for EVs. There are over 9 million Teslas on the road worldwide. That's a much bigger return on their subsidies than most government programs.
triceratops 2 hours ago
deburo 3 hours ago
Why would that be fraud? Is the subsidy something other than giving the people purchasing EVs a "rebate"?
CodingJeebus 3 hours ago
rootusrootus 3 hours ago
> I think it depends if Trump stays in power above his current term (not here to argue whether or not its possible)
If that were to happen, we will not be caring at all about Tesla's choices, so I'm not sure how you can make such a statement and then claim there is no argument to be had.
wat10000 2 hours ago
The subsidies are things like emissions credits and tax credits for purchases. They applied to units already manufactured and sold. There's no conceivable case for fraud if they decide to stop making EVs.
leesec 3 hours ago
LMAO. do you say the same for Rivian or any of the other EV's actually failing?
rootusrootus 3 hours ago
I look at Rivian with their forthcoming R2 and they seem to be making a lot of effort. While Tesla has been milking the same basic design for coming up on 10 years now, and even removing features. I can see an argument that Tesla isn't really trying to win, they seem to be coasting.
wat10000 42 minutes ago
amelius 3 hours ago
EVs have the technological novelty of a washing machine. The only way to win this game is by making fabrication cheaper, and we all know that China can't be defeated here.
rootusrootus 3 hours ago
> EVs have the technological novelty of a washing machine
This has been similarly true of ICEVs for the better part of the last 100 years.
amelius 3 hours ago
baxtr 2 hours ago
If it were only about costs, German car manufacturers would have been out of business since the 80s.
amelius 2 hours ago
pbasista an hour ago
I am not surprised. Considering only the main segment, i.e. Model 3 and Model Y, there has not been any major innovation by Tesla for years.
No significantly better battery technology. No significantly more powerful or efficient motors. No significantly improved comfort.
They have been making minor improvements in many areas, yes. For instance, they added ventilated seats, adaptive suspension, front camera, etc. But those are not new technologies that would make them stand out. The competition already had such features before.
Meanwhile, the Chinese cars have head-up displays, massage seats, vehicle to load, internal power outlets, fridges, dimmable glass roofs and what not.
One might argue that Tesla is improving their driving assist technologies and that is, in Tesla's view, supposed to be the deciding factor which would make them stand out. But I am not sure about that.
Their better driving assist (the so-called "FSD") has not been available in Europe for years. But that is almost besides the point.
The most important question is, in my opinion, the following: Who cares about those systems enough that they would be willing to pay $100 a month or $8k, $10k, $15k or even more one time for this kind of technology?
From what I have heard, the majority of drivers does not care. Not for this kind of money. No matter how good such a system might be.
Assuming that there will be a significant number of people who would be willing to pay thousands of dollars extra for a driving assist feature is, in my opinion, detached from reality.
efavdb an hour ago
FWIW I have heard the exact opposite. The people I know love the self driving feature.
kazinator 17 minutes ago
> The growth looks even stronger when you strip out Tesla’s numbers.
Every registration of an electric vehicle contributes to growth, even from a maker that is losing market share; they should reconsider their funny math.
If you strip out Tesla's numbers, which contribute electric cars, you have less growth.
paxys 3 hours ago
Tesla stock up 15% on the news, probably.
mtmickush 3 hours ago
2.25% so far today. How does this seem to always happen?
marcosdumay 2 hours ago
People expected something like that to happen, so only the few most naive people waited for the news to sell. As a result, people that would sell because of that sold already.
On the other hand, after those few people sell, the stock won't fall anymore, so the people that were waiting for it to stop falling before they buy make their move.
That's very common, but not reliable for you to make a profit on it. And anyway, those short-term changes are mostly meaningless.
rvnx 3 hours ago
When you are investor and broadly choose to buy US companies (which is what most people do), you get Tesla in the list (e.g. QQQ) as part of the package, and this pushes price higher, no matter if you believe in Tesla specifically or not.
In addition, existing investors are very very deep into Tesla now, and don't want to lose.
The sandcastle is quite fragile so one of the best strategy for everyone (funds and Musk) is to keep buying more, no matter if the news are bad or not. It works, until other people disagree with you, but so far, nobody is interested into losing that game.
Marsymars 2 hours ago
rootusrootus 3 hours ago
At the risk of exposing my obvious naivety, my guess is that TSLA is a proxy purchase for many people for SpaceX. I won't be surprised if SpaceX becoming public causes TSLA to tank.
Or maybe it's all because of index funds. What bothers me most about that is that if TSLA tanks, so does a big chunk of the S&P 500 and therefore my 401(k). Hrmph.
HerbManic 2 hours ago
JKCalhoun an hour ago
The entire market feels like some kind of musical chairs. Sit down too soon and you miss out on the up, up, up!
TheAlchemist 2 hours ago
Unfortunately, we will only find out once the house of cards collapses.
ahartmetz 3 hours ago
I think I have figured out the system. Literally any news about Tesla (only bad news recently) -> Tesla stock rises.
the_mitsuhiko 3 hours ago
In many ways I’m impressed they sell that much. They basically just sell one model here in a space with a ton of competition.
Also since there is no FSD here and the European autopilot they have is not competitive with the travel assist type offerings from other brands.
jbverschoor 2 hours ago
Really? They just launched FSD ride along, and it's amazing. No need to own or drive a car anymore
the_mitsuhiko 2 hours ago
There is no FSD in Europe.
ryandvm 3 hours ago
Oof. Good thing they're a "robot company" now. At least until an Optimus decapitates somebody and Tesla has to pivot to monorails or whatever...
expedition32 8 minutes ago
Kia and Skoda are the biggest sellers in my country. They beat the shit out of a model 3.
Tesla XYZ are luxury cars and thus irrelevant for the unwashed masses. Yet they get all the press...
mschuster91 3 hours ago
No surprise there. There is so much competition these days and the market is exploding, especially on the lowest end - Dacia's Spring for example is 15.700 €, if you add Germany's subsidies of 6000 € you're at 9.700 € [1] for a brand new car, even if it isn't even made in Romania but in China instead (the fact that this is likely still making a profit despite shipping costs is insane). On the high end, BMW and Mercedes have finally caught up as well, and produce better cars for the same price point with a better support/maintenance infrastructure.
Meanwhile, what does Tesla have in production? Dated stuff on the mid to high price range, rumors are they will stop making some models entirely and a "Cybertruck" that not just looks so similar to a dumpster that raccoons confuse it with literal dumpsters [2] but is unable to ever be certified for European roads because its form is seen as a threat to road safety. So that alone has a serious impact on Tesla's sales.
Then come the never ending stories about supply chain issues especially for spare parts and the quality control issues - like, WTF, a Cybertruck is 60k? Why should people put up with delaminating glue (and why was glue used in the first place?) or rust issues [3]? So that's another dent in the sales, people don't buy lemons.
And finally, the antics of Elon himself and the company in general. The cars are nicknamed "swasticars" ever since Musk's infamous right arm salute, in the Nordic countries (that used to love Tesla) they are refusing to deal with unions for two years now [4], and here in Germany there is a big dispute related to the upcoming works council election (i.e. what y'all Americans would consider an union) [5].
There just aren't that many reasons left to buy a Tesla, and the reasons to buy an ICE vehicle are rapidly going away as well. I'd have zero issues buying a Dacia Spring or a Citroen, if only they'd add a trailer towing hitch that can be used for more than a bicycle rack.
[1] https://www.dacia.de/kampagnen/daciaelektrobonus.html
[2] https://www.news.com.au/technology/motoring/motoring-news/an...
[3] https://www.forbes.com/sites/peterlyon/2025/04/21/tesla-cybe...
[4] https://www.teslarati.com/tesla-sweden-strikers-tax-issues-i...
[5] https://www.dw.com/en/germany-tesla-charges-trade-union-memb...
tirant 3 hours ago
I would say BMW had already caught up with Tesla since they released the BMW i4 and the iX.
Both are great EVs surpassing Tesla in some aspects. Probably also the most efficient cars outside Tesla.
mschuster91 an hour ago
The i4 is a damn tank, even more so the iX. For the American market both probably are a good fit, but for the German market they're just too big, we're not that SUV-crazed like the American market is thanks to the "SUV loophole".
BMWs problem, that set them back quite a bit, was the i3. A solid car on the technical side, but its design was... yuck, and it was designed for a very very limited subset of people. Too small like my 1.58m wife? Even with the seat moved to the maximum forward, uncomfortable (to outright unsafe) to drive, too high like me with 1.87, again uncomfortable to drive but at least I can reach all pedals.
small_model 3 hours ago
Nonsense look at VW and their cheating scandal (don't look into their history where they actually did work for the actual real Nazis), Elon's hand gesture, which was 100% not a nazi salute, is nothing compared to that. VW still sell cars ok.
rootusrootus 3 hours ago
> Elon's hand gesture, which was 100% not a nazi salute
Yes, much like how the J6 adventure was a guided tour. The problem with assertions like yours is that both of these things were caught on video, which makes them somewhat more difficult to make plausible excuses for.
Most of us manage to go our whole lives without getting accused of making nazi salutes, not because we are magic, but because we just don't make them. It's just this one, simple trick!
zzrrt 2 hours ago
> don't look into their history where they actually did work for the actual real Nazis
If that kind of argument is on the table, also don’t look into Elon’s Nazi-sympathizing grandpa who moved to be able to rule over Blacks, nor his father’s illegal mining under apartheid that funded the Musk family.
mschuster91 an hour ago
RobotToaster 3 hours ago
It's honestly impressive how Tesla has managed snatch defeat from the jaws of victory.
Zigurd 3 hours ago
Seriously. While it can't be more than speculative, it's a pretty solid speculation that a competent follow on to Model 3 would've put the rest of the automotive industry so far behind they would never catch up.
Instead, Elon wasted the opportunity on the Cybertruck ego trip to show that he's the genius that transformed cars. Once people catch on to the fact that launching 15 to 25 refueling rockets isn't a viable way to get beyond earth orbit, another project is going to turn out to be an Elon ego trip.
hvb2 2 hours ago
I get your point about Tesla. I don't get it at all about SpaceX...
You might have said the same about landing and reusing a booster. It's impossible, until someone does it.
If they screw up a project it's mostly their own money they're burning.
You want to take a ride on Starliner? Because without crew dragon the US would still be politely begging Russia for seats to the ISS.
siliconc0w 3 hours ago
In other news, the lack of demand makes them pretty cheap at the moment. You can find a 2023 HW4 Plaid Model S for <$50k.
joering2 3 hours ago
why? would you buy a used cellphone with 70% functioning battery?
wcoenen 3 hours ago
EV batteries degrade nowhere near that fast.
https://www.teslarati.com/tesla-battery-life-80-percent-capa...
porphyra 2 hours ago
nemomarx 3 hours ago
For the right price, maybe? I've given old cellphones to friends for the price of a meal or pizza before, so maybe around there.
Getting a used car for a few thousand dollars even if it's fairly worn out is still way more tempting than buying new, right?
tirant 3 hours ago
ICE also degrade over time. Batteries tend to last way longer than internal combustion engines.
carefree-bob 2 hours ago
gadflyinyoureye 2 hours ago
jbm 2 hours ago
Replacing an iPhone phone battery is trivial cost-wise, why not?
barbazoo 2 hours ago
> > In other news, the lack of demand makes them pretty cheap at the moment. You can find a 2023 HW4 Plaid Model S for <$50k.
> why? would you buy a used cellphone with 70% functioning battery?
Did you test that particular battery before making that statement or how do you know what percentage it's at?
bagels 3 hours ago
A used 1000hp car is a lot more fun than even a new cell phone.
hermitcrab 2 hours ago
Nazi salutes tend not to go down well in Europe. Especially for the sort of people who are interested in buying EVs.
1970-01-01 2 hours ago
8,075 owners didn't seem to mind it. Gigafactory 4 hums along with them. That's still a respectable output for any car factory.
calvinmorrison 3 hours ago
The US auto market is like the UK in the 80's. As the UK is flooded with Chinese appliance cars - I seriously doubt that VAG or anyone else can stop them. It's over for domestic automotive industries unless we are willing to accept higher prices via anti-competitive measures to keep some manufacturing domestic.
mdasen 2 hours ago
That doesn't seem to be the case across Europe based on current sales.
Looking at marketshare in the EU+EFTA+UK 2025 to 2026:
VW Group went from 26.8% to 26.7%. Stellantis went from 15.5% to 17.1%. Renault Group went from 9.8% to 8.7%. Hyundai Group 8.4% to 7.6%. BMW Group 7.0% to 6.9%. Toyota Group 8.0% to 7.2%. SAIC Motor was flat at 2.0%. BYD 0.7% to 1.9%. Tesla 1.0% to 0.8%.
So it doesn't really seem like BYD is eating into the sales of European manufacturers yet. VW + Stellantis + Renault + BMW + Mercedes + Volvo + Jaguar Land Rover was 66.9% in 2025 and it's 67.1% in 2026, an increase of 0.2 percentage points (looking at just VW + Stellantis + Renault, it was an increase of 0.4pp).
We'll see what happens going forward, but Chinese cars aren't killing it yet. SAIC Motor is flat. BYD is doing very well, but it's a lot easier to grow when you're small. I think that Chinese cars will present challenges, but I'm less sure that it's over for European automakers. Right now, European automakers are marginally increasing their marketshare (probably more noise than anything, but not evidence of decline).
I think BYD is a strong company and I think they'll continue to gain marketshare, but will others? SAIC has seen modest European growth since 2024, but nothing really threatening and they're sitting at 2% marketshare and their modest growth seems to becoming no growth. Chery is really small. Geely is ultra small without Volvo.
So it feels like it's really the BYD story. BYD is the company actually making inroads and growing at a significant rate. And I don't think that a single company can destroy the European auto industry. It's possible BYD could become 10-20% of the European market and that would be a major win for them and make a significant dent in competitors. But do you see them becoming more? Are there other companies that seem promising?
Scoundreller an hour ago
> And I don't think that a single company can destroy the European auto industry.
I’m still surprised auto hasn’t turned into a duo-tri-opoly.
Took a while but ~60% of eu cell phones are an Apple or Samsung.
If anything, the Chinese entrants are reversing some effects of automotive consolidation.
I guess marketing still convinces people that tons of vehicle choice is still necessary.
bagels 3 hours ago
The US government has already chosen the higher prices via anti-competitive measures route, specifically to keep affordable Chinese and even Japanese cars out of the market.
alephnerd 3 hours ago
> The US auto market is like the UK in the 80's ... It's over for domestic automotive industries unless we are willing to accept higher prices via anti-competitive measures to keep some manufacturing domestic
That is what is happening. The reality is that the demographic that manufactures cars is different from the demographic that purchases EVs [0].
That said, American battery manufacturing has silently been booming despite public political consternation [1] thanks to defense against overproduction.
Also, it's hypocritical to demand American autoworkers lose their jobs while demanding tech bros be defended against the H1B program [2] and offshoring [3].
Protectionism for me, market forces for thee.
[0] - https://www.politico.com/news/magazine/2024/08/16/georgia-ev...
[1] - https://subscriber.politicopro.com/article/eenews/2026/02/23...
moomin 3 hours ago
A lot of people’s problems with H1B visas has nothing to do with protecting American jobs. The truth is H1B visa are a method of exploiting foreign workers. Make H1B run for a fixed time period and not be tied to a specific job and you’ll simultaneously boost the supply of highly-skilled workers and ensure they get a fair market price.
alephnerd 3 hours ago
DangitBobby 2 hours ago
Is it hypocrisy? Or is it "I support whatever I think is good for the American consumer and America generally"? Most real people couldn't give less of a fuck about market fundamentals and purity.
alephnerd 2 hours ago
surgical_fire 3 hours ago
> Tesla registered just 8,075 vehicles across the EU, EFTA, and UK in January 2026, a 17% decline from the same month last year.
That's 8075 Teslas too many.
whynotmaybe 3 hours ago
Almost all car companies register new cars to their name to raise the official sales number and unregister them quickly afterwards.
Renault was the one that did it the most in Belgium in 2015 : https://bestsellingcarsblog.com/2015/08/strategy-renault-cha...
diydsp 3 hours ago
Why is Elon Musk a free man?
We have a publicly verifiable history of repeated violations that would put any American away for a long time.
kelseyfrog 3 hours ago
POSIWID perspective: a[1] purpose of wealth is if you have a billion dollars, you are exempt from rule of law.
1. of course there are more
foxglacier 2 hours ago
What specifically? I suspect it's just stuff you're angry at because of excess social media consumption, not actual crimes that have long prison sentences applied to typical perpetrators.
tgrowazay 3 hours ago
Something is up globally.
VAG sold 71 Audi Q4 E-tron in whole Q4 in the US. Only three Q8 E-trons. 220 Q6 and 248 VW ID.4 .
Best VAG EV seller for Q4 is Porsche Taycan at 1,672 cars.
Total US EV sales Q4 across all manufacturers is 234,171
moogly 3 hours ago
Audi stopped Q8 e-tron production in early 2025. I don't know how much allocation the US has had of the semi-replacement (S)Q6, and A6 was not launched at all.
Q4 is a bit weird, since it's just a more expensive ID. 4, and not exactly more premium. Actually less premium feel than the sister car Skoda Enyaq, but that's not available in the US.
They're a bit out-of-phase with BMW and Mercedes right now, who just opened the books on their new platform cars. Perhaps you could argue it was bad timing with the Q6 being a bit of an "inbetweener", but the PPE platform was delayed, to be fair.
gmueckl 3 hours ago
The US market is extremely regressive due to the changing regulatory environment. I fully expect new ICE cars without catalytic converters in the near future.
This is not representative of the rest of the world.
creaturemachine 2 hours ago
They might be happy that they can keep making V8s, but they have to know any future administration could easily outlaw any design that goes too far backwards. Such a car will also not be able to be sold anywhere else in the world. Heck, by the time they design, tool, and produce such a beast it could already be too late.
upupupandaway an hour ago
The demand for EVs is crashing across the board. Porsche for example is now in dire straits because they had promised to make the 718 only as EV and with demand going down, they'll revamp the platform and get ICE 718s back.
small_model 3 hours ago
Another fair and balanced headline from Fred, has he put out a neutral to positive article on Tesla in the last 4-5 years? What did Elon do to him?
tencentshill 2 hours ago
He never claims to be unbiased, and had personal beef with Tesla as a shareholder. https://electrek.co/2024/09/05/i-sold-all-my-tesla-shares-ts...
dj_gitmo 2 hours ago
If you are really into EVs, like the author clearly is, than what is happening to Tesla is just sad. Tesla is being run into the ground. It was, and could be, the great American EV success story. But now it's being destroyed by a guy who has clearly lost it. And don't forget that taxpayers have foot the bill for Tesla to have this shot in the first place.
lumost 3 hours ago
Tesla and similar companies really make me wonder if we still live in a capitalist system. If wealth is sufficiently concentrated - the value of anything becomes tied to the whims of the few who can transact at that level.
How a stock goes up while sales growth, profitability, and other measures go down on a multi-year trajectory defies my understanding.
BigTTYGothGF 2 hours ago
> If wealth is sufficiently concentrated - the value of anything becomes tied to the whims of the few who can transact at that level.
Sounds like capitalism to me.
moomin 3 hours ago
One of the things I’ve noticed is that when leftists say “capitalism” they often mean “the ability of capital to set the rules of markets” rather than just “markets”. This causes people who use the latter interpretation and leftists to talk past one another quite a bit. Which is one of the reasons that leftists have sounded this alarm bell for at least twenty years and no-one has paid attention.
api 3 hours ago
When leftists say "capitalism" they mean something closer to what conservatives and free market libertarians mean by "fascism."
speed_spread 2 hours ago
Capitalism is a big money party. Leftists are the party poopers, actually just slightly less drunk than the rest of the guests, and pointing out that lighting up fireworks indoors isn't a good idea. Booo-hooo, shut up lefty! *BANG*
gadflyinyoureye 2 hours ago
lm28469 3 hours ago
Have you ever witnessed any other version of capitalism? Do you believe in the invisible hand of the free market? It's neither invisible nor free
gadflyinyoureye 2 hours ago
Please read that text. It explicitly calls for reasonable government oversight.
monooso 3 hours ago
> If wealth is sufficiently concentrated - the value of anything becomes tied to the whims of the few who can transact at that level.
You just described a capitalist system: a system built and controlled by and for those who control the capital.
tirant 3 hours ago
Same as any other economic system: power is usually concentrated around a very small group of people. In socialism and communism, that concentration typically occurs within the party leadership or central planning apparatus.
However, in free-market capitalism, anyone is allowed to participate in capital formation and accumulation. Ownership is not formally restricted to a political class. Entry into markets is open in principle (unless it stops being a free market), and capital allocation is decentralized through free and voluntary exchange rather than administrative decree.
That does not mean capitalism eliminates power concentration, as Wealth can accumulate and translate into political influence. But the mechanism of power differs: In centrally planned systems, control flows from political authority. In market systems, control flows from voluntary transactions and competitive success.
BigTTYGothGF 2 hours ago
nicoburns 2 hours ago
psyclobe 2 hours ago
> These are results for what is bev market auto industry > Search instead for what is bev market auto industru > AI Overview > The Battery Electric Vehicle (BEV) market involves vehicles powered exclusively by electricity via onboard battery packs, without any internal combustion engine. It is a rapidly growing, high-investment sector within the automotive industry aimed at zero-emission transportation. Key aspects include accelerating market share, intense competition, and improvements in charging infrastructure.