Part 10/12:
Despite positive signals, the EV market faces challenges. U.S. automakers are experiencing a surge in unsold inventory, with the total stockpile reaching over 92,000 units—a 350% increase this year and roughly 92 days’ worth of supply. Such glut has led to hefty discounts and difficulty qualifying for federal tax credits, especially for higher-priced luxury models like Audi's Q4 and Q8 e-trons, which suffer from lengthy inventory cycles.
This oversupply could delay new EV launches and complicate pricing strategies, but Tesla’s smaller and more efficient inventory of just 16 days positions it advantageously for rapid market share gains once marketing efforts ramp up.