Comments by "Paul Aiello" (@paul1979uk2000) on "The real reason Tesla EV Sales are in freefall In Germany in 2024" video.
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The German car industry can only slow down the switch to electric cars to a degree, but they risk losing competitiveness with the car companies that are going all in on electric cars.
It's going to happen regardless of what the German car industry or government wants, so it makes more sense to push hard on being competitive in the EV industry, otherwise, they are going to end up in a situation where they lose market share around the world and in Europe as consumers end up buying more EV's from rival carmakers, a lot of which probably don't care if it's a German car or not, just as long as the quality is good and the price is right, China with BYD sees that, hence why they are being aggressive on reducing pricing.
History has shown that anytime an old industry tries to slow or stop a new better industry from taking off, the old industry usually always losses, either by massively being downsized or even going bankrupt, I suspect some could go bankrupt, but many will likely be downsized if they don't wake up to the new reality that newer companies are going all in on EV cars and will end up taking over the car industry if the old industry doesn't wake up and adapt, either way, it's happening regardless of what the old industry wants, so it makes more sense to adapt, get onboard and compete in the EV market.
Also, this all sounds like month-to-month fluctuations that's happening in Germany and I think overall, EV sales are on the increase, probably better to look on a yearly basis.
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