2/ Tesla is facing more competition in Europe, where 2020 deliveries were down 11% & EV market share slipped from 19.7% in 2019 to 7.2% in 2020.

Competition in the U.S. is just beginning, where Tesla still has >80% market share. https://t.co/9lHR16peE0

— Jack Shea (@Real_Jack_Shea) February 9, 2021

4/ ...Tesla is facing a demand issue in China (hence price cuts, new model specifically for Chinese market, etc.), where there are already serious competitors actually making cars, this time. https://t.co/JjCbu9Uyxn

— Jack Shea (@Real_Jack_Shea) February 9, 2021

6/ For the foreseeable future, Tesla has three markets: China, U.S., & Europe. Real competitors are each offering over a dozen EV models within the next 1-2 years in those markets.

Tesla has strong brand recognition, but only makes four models.

— Jack Shea (@Real_Jack_Shea) February 9, 2021

7/ $TSLA glamorized the EV & will continue to be successful, but it must focus much more on China, & adding models to its lineup. @elonmusk needs to buy a house in China.

If you follow Tesla closely, you HAVE to follow China even closer, & you should start learning Mandarin. pic.twitter.com/7ZDUplDYF2

— Jack Shea (@Real_Jack_Shea) February 9, 2021