Tesla Loses EV Market Share, The 10 Cars Holding Their Value Best, USMNT Defeats Iran

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

It’s the last day of November and we’re ready to flip into the final month of the year as we talk about new S&P data that shows Tesla’s shrinking market share. We also talk about the used cars that are holding their value best. Of course, we have to talk about US Soccer for a moment or Kyle might explode.

• Data from S&P Global Mobility shows that Tesla continues to lose market share to lower priced alternatives Like the Ford Mustang Mach E and Hyundai Ioniq 5
  • Tesla owned 79% in 2020, 69% in 2021, and is down to 65% so far this year
  • Out of the more than 525,000 EVs registered over the first nine months of 2022 in the US, nearly 340,000 were Tesla vehicles as compared to the 46 other nameplates
    • S&P predicts the 46 nameplates will grow to over 150 by 2025
  • In the over $50k price point, Tesla still commands 85% of the market
  • The report notes that the overall EV market is growing rapidly putting Tesla in the best position to capitalize:
  • "Tesla today is the brand best equipped for taking advantage of the immediate surge in EV demand, though manufacturing investments from other automakers will erode this advantage sooner than later."
    
• NADA released an article of the The 10 Used Cars That Hold Their Value Best After 5 Years
  • The vehicle search engine iseecars analyzed over 3M 5 yr old used cars sold in 2022, found the average five-year-old car depreciated by only an average of 33.3 (17% less than the depreciation in 2021
  • Fuel efficient smaller cars held their value best
  • Jeep Wrangler with an average 7.3 percent depreciation and $2,361 difference
  • Jeep Wrangler Unlimited with an average 8.7 percent depreciation and $3,344 down
  • Porsche 911 with an average 14.6 percent depreciation and $20,6234 difference
  • Toyota Tacoma with an average 14.9 percent depreciation and $5,926 difference
  • Honda Civic with an average 16.3 percent depreciation and $4,237 difference
  • Subaru BRZ with an average 18.2 percent depreciation and $5,985 difference
  • Ford Mustang with an average 19.4 percent depreciation and $7,528 difference
  • Toyota Corolla with an average 19.8 percent depreciation and $4,617 difference
  • Nissan Versa with an average 19.9 percent depreciation and $3,183 difference
  • Chevrolet Camaro with an average 20.2 percent depreciation and $7,981 difference

• US Men's Soccer team defeated Iran 1-0 to advance to the knockout round
  • Kyle…go

Hosts: Paul J Daly and Kyle Mountsier
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