Tesla Dominates Thai EV Market with Top Satisfaction Scores

[BritManToo]

I see Aeon, BYD, MG and Neta everywhere .......... no Tesla though.

[spidermike007]

1 hour ago, hotandsticky said:

 

 

Your message has not reached Hong Kong, it seemed like 1 in 4 cars were Tesla.

Though that is sad in China Tesla sales are dropping like a brick which is a great thing, considering the fact that they've invested billions in gigafactories in China.

 

Musk deserves the downfall.

 

 

[jvs]

On 3/21/2025 at 6:28 AM, steven100 said:

 

who actually believes any survey figures posted on the internet ...      one would have to be very naive or stupid.

Paid for by Elon?

[Nid_Noi]

1 hour ago, hotandsticky said:

 

 

Your message has not reached Hong Kong, it seemed like 1 in 4 cars were Tesla.

Meanwhile Tesla stock is on the rebound (+5.27%) and BYD share is down 7% with a debt of US$7.04 billion. Just to mention that Warren Buffet sold his <5% ownership in BYD due to its ballooning debt.

The total debt/equity ratio for Tesla is 10.7%  while BYD’s is 29.26%.

Huge advantage for Tesla which is not overly reliant on borrowed money to finance its operations. Its debt is well covered by operating cash flow (189.4%) while BYD debt coverage is 62.1% only.

Tesla balance sheet is very strong. Once it’s driverless automobiles hit the market the stock will be a “darling” of the NASDAQ

[ronster]

Don't believe this for a second as I see a ratio of about 30-1 for BYD cars compared to Tesla when out and about .

Basically the 50 people Tesla sold cars to think Elon musk is a genius and the sun shines out of his rear and they reflected this on the survey.

[Nid_Noi]

1 hour ago, BritManToo said:

I see Aeon, BYD, MG and Neta everywhere .......... no Tesla though.

Tesla still has 39.9% of EV market share in Thailand despite all the bad publicity made on Musk.

Space X stock doubled its value to US$200 (not publicly listed) and X valuation reached US$44 billion (from US$10 billion in September) so it’s back to the purchase price.

Not bad…

[Patong2021]

On 3/20/2025 at 7:28 PM, steven100 said:

 

who actually believes any survey figures posted on the internet ...      one would have to be very naive or stupid.

 

Well, who do you think are diehard Maga supporters? 😄

 

And in fairness, aren't these vehicles produced in China, not the USA?

[DonniePeverley]

Won't even go into a Tesla show room any more. Musk is ridiculous and the politics is awful. 

[Thingamabob]

On 3/21/2025 at 7:22 AM, JoePai said:

Shame they have an arse hole for a boss

He seems to have done rather well in life compared to most of us.

[Patong2021]

9 minutes ago, Nid_Noi said:

Tesla still has 39.9% of EV market share in Thailand despite all the bad publicity made on Musk.

Space X stock doubled its value to US$200 (not publicly listed) and X valuation reached US$44 billion (from US$10 billion in September) so it’s back to the purchase price.

Not bad…

 

Tesla's glory days in Thailand are behind it. As per the Fitch report quoted in the Bangkok Press;

- Electric vehicle (EV) sales in Thailand slowed considerably in 2024 

- BYD recently opened its first EV plant in Southeast Asia, located in Rayong. The $486-million facility is expected to employ around 10,000 workers and produce 150,000 vehicles annually.

- GAC Aion, the EV subsidiary of GAC Group, inaugurated its first overseas plant in Thailand.

The new plant has an initial annual production capacity of 50,000 units, with plans to expand to 100,000 units, producing several models such as the second-generation Aion V, Aion Y Plus, and Hyper HT.

- In Pattaya, Toyota launched a pilot programme for its new EV, the Hilux Revo-e, marking the company's first electric pickup, aiming to capture a share of Thailand's significant pickup market, currently dominated by Toyota and Isuzu. Toyota plans to manufacture and export the Hilux Revo-e from Thailand by the end of 2025.

- Isuzu also intends to produce an electric D-Max in Thailand and begin exports in 2025.

 

Thailand will offer subsidies and incentives for Thai built EVs. Tesla won't qualify.

 

[DonniePeverley]

1 minute ago, Thingamabob said:

He seems to have done rather well in life compared to most of us.

 

 

You can do well and still be an arse hole. The two aren't exclusive. 

[madone]

On 3/21/2025 at 9:42 AM, HappyExpat57 said:

Only reason I didn't plug in the "sad" emoji is cuz that very last part actually made me LOL.

 

the only reason i don't use the sad emoji, is because i think people who do are generally passive aggressive morons.

[Patong2021]

Just now, Thingamabob said:

He seems to have done rather well in life compared to most of us.

 

You think? The carnage of failed relationships and  destroyed lives suggests otherwise. 14 children some conceived with people, while he was still married to another person.  Some of the kids don't even see their father.  The man benefited from the South African clique deal on Paypal and has used that to finance predatory investments  since, always enabled by his South African cabal.

https://www.theguardian.com/technology/2025/jan/26/elon-musk-peter-thiel-apartheid-south-africa

[Thingamabob]

8 minutes ago, DonniePeverley said:

 

 

You can do well and still be an arse hole. The two aren't exclusive. 

Fair enough. I don't know the guy so I'm not really qualified to comment further.

[Thingamabob]

8 minutes ago, Patong2021 said:

 

You think? The carnage of failed relationships and  destroyed lives suggests otherwise. 14 children some conceived with people, while he was still married to another person.  Some of the kids don't even see their father.  The man benefited from the South African clique deal on Paypal and has used that to finance predatory investments  since, always enabled by his South African cabal.

https://www.theguardian.com/technology/2025/jan/26/elon-musk-peter-thiel-apartheid-south-africa

And we are all so perfect ?

[Patong2021]

1 minute ago, Thingamabob said:

And we are all so perfect ?

C'mon now.   The man can't keep a relationship. Why do you think that is?

Marriages and relationships run their course, and people make mistakes. However, to keep making the same mistake repeatedly?   3 marriages + 2 relationships + 14 children with 4 different women. Is that indicative of an emotionally stable person?

[DonniePeverley]

4 minutes ago, Thingamabob said:

Fair enough. I don't know the guy so I'm not really qualified to comment further.

 

Have you been holed in a cucoon for the past few months?

 

 

 

 

[sometimewoodworker]

2 hours ago, Nid_Noi said:

Tesla still has 39.9% of EV market share in Thailand despite all the bad publicity made on Musk.

That statistic may be true, or not, however I have seen only a very few in my area, there are quite a few with BYD being the most common. On average I would say that the percentage of tesla’s is under 5% of the electric vehicles I see.

[DonniePeverley]

43 minutes ago, sometimewoodworker said:

That statistic may be true, or not, however I have seen only a very few in my area, there are quite a few with BYD being the most common. On average I would say that the percentage of tesla’s is under 5% of the electric vehicles I see.

 

If the US had no tarrifs then imo Tesla would be struggling to compete with the Chinese brands - who are just producing much cheaper, much more efficient cars. 

 

The deal with Tesla, was it became a brand that people got behind - like say Apple. But since Musk has had these sinister moments it's turned off the actual people (tree hugging liberals) that were his market.

[rwill]

I see lots of BTD autos.  I even see more GWM autos than Teslas.  I have only seen a few Teslas.