Automobile

Tesla’s Success Doesn’t Prove Americans Are All in on EVs, NADA CEO Claims | MotorBiscuit

Every year has seemed like the end of Tesla’s bull run. After all, the manufacturer that built so much hype in the late 2000s and early 2010s surely has to crash sometime, right? If that’s the case, don’t tell Elon Musk. Under his management, Tesla is surging and finally hitting profitability markers. In 2021, Tesla is on pace to sell more vehicles than they did in 2016, 2017, and 2018 combined. Tesla stock is through the roof, even as Musk’s eccentric leadership triggers the occasional SEC investigation. Does this mean that the electric vehicle (EV) is catching on across the country, or is Tesla simply an outlier? The president and CEO of NADA recently shared his opinion.

Non-Tesla EV options in America

The 2021 Volkswagen ID.4 Pro S EV SUV model | Volkswagen of America, Inc. Newspress Limited

Tesla isn’t the only EV automaker in America, but they’re the only one to succeed at such an impressive level. Other manufacturers have run into a handful of issues that prevented widespread adoption up to this point. However, the Toyota Prius existed long before any of Tesla’s models, and hybrid sedans in the early 2000s went a long way toward establishing EVs as a viable option. Now, seemingly every automaker is getting in on EVs, such as Volkswagen rolling out its ID. series and Stellantis planning for all of its brands’ vehicles to be EVs by the end of the decade.

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