Wednesday Morning Auto News, Mar 13, 2024: Wells Fargo downgrades Tesla, Günheide production will take some time to resume, Model 2 won’t ramp until 2027. More.

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Tuesday Morning Auto News, Mar 12, 2024: 13 of 14 automated driving systems rated ‘marginal’ or ‘poor’ in IIHS test. Tesla Grünheide reconnected. Tesla blacklists Cybertruck owner. More.

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Monday Morning Auto News, Mar 11, 2024: Feds probe Honda over braking issues. Tesla Grünheide could get power Monday. Geely’s funding hopes clouded. Hino-Fuso merger delayed. More.

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Friday Morning Auto News, Mar 08, 2024: Dems probe SpaceX. Tesla out of market cap Top 10. Charge goes Chapter 11. Rivian pauses factory construction, unveils SUV. More.

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German BEV sales, 2/24: It’s a tragedy

By a hair, Tesla could have been Germany’s largest BEV maker last month. Would they have squeezed only a paltry 500 units more into the German market, Tesla would have outsold Germany’s juggernaut, the entire Volkswagen Group in terms of BEVs. Which demonstrates the tragedy of charts and statistics.

The tragedy is that German’s formerly high-flying BEV market contracted by 15% in February, taking its market leaders with it into the abyss. Registrations of Tesla cars shrank 21.7% compared to February 2023. Sales of #1 Volkswagen Group withered by nearly 29%.

The reason?

Germany’s formerly generous BEV-subsidies were yanked by the country’s highest courts

Germans desert en-masse to hybrids and plug-in hybrids. In February, hybrids out-sold BEVs more than 2:1. Sales of plug-in hybrids increased by 22.3% yoy.

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