George Pearkes: Auto sales numbers for June and Q2 today. RIVN (+9%) and TSLA (-5%) both beat estimates for Q2. Below are some automakers with total YoY sales growth (and EV YoY sales growth in brackets). Toyota -1.2% (+65%) Hyundai -2.5% (+15% for Q2) Mazda +20% Honda +1% GM Q2 +1% (+40% for Q2)

Auto sales numbers for June and Q2 today. RIVN (+9%) and TSLA (-5%) both beat estimates for Q2. Below are some automakers with total YoY sales growth (and EV YoY sales growth in brackets). Toyota -1.2% (+65%) Hyundai -2.5% (+15% for Q2) Mazda +20% Honda +1% GM Q2 +1% (+40% for Q2)

The takeaway here is that TSLA is still struggling, but for everyone else the growth is in EVs, rest of the industry is basically stagnant.

A perfect scenario as far as im concerned

We love to see it!

The number of people who would have formerly been Tesla buyers now moving to rivian - that number is not zero my friends.

I am not a professional, but that doesn't look good for Tesla.

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