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Electric Shock

Tesla isn’t the top brand for any potential EV buyers

And no one over the age of 44 wants to go near one.

Rani Molla

A major barrier for Tesla is getting people interested in driving electric vehicles in the first place. But it’s even struggling among people who want them.

About a third of Americans who are considering buying a car in the next year are open to buying an electric or hybrid vehicle, a new report by YouGov found. And for those interested in electric and hybrid vehicles Toyota, not Tesla, is their top choice. (Toyota is also the overall No. 1 auto brand among all Americans.) Tesla, in fact, ranks sixth among would-be EV drivers, behind Toyota, Honda, Ford, Mercedes-Benz, and BMW.

YouGov further breaks down the data by generation. Tesla does best among 30-44 year olds, but doesn’t rank in the top 10 for anyone older than that. YouGov found that Americans 44 and under are three times more likely to consider an electric vehicle as their next automobile than older folks.

Top considered brands among electric and hybrid buyers
YouGov

(I’m not exactly sure what’s going on with Gen Z and Mercedes-Benz but I think this TikTok campaign may have something to do with it.)

Of course, unlike Tesla, brands like Toyota offer hybrids, which can provide some of the benefits of electric vehicles without some of the perceived costs, like having to find EV chargers.

Still, it’s notable that Tesla, which until recently dominated the US EV market, isn’t the first or even second company electrically open-minded buyers would consider. Tesla increasingly has to compete with lower cost EV competitors, yet earlier this year abandoned plans for a $25,000 model.

Musk, whose split attention with his other companies like X has him tweeting more about Trump than Tesla, might deserve part of the blame for increased animosity toward his EV company. High-profile deadly crashes and recalls might also have something to do with it.

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Ford to bring eyes-off driving to its new EV platform by 2028

Ford is wading into the autonomous race against rivals like Tesla and GM.

On Wednesday evening, the Detroit automaker said it plans to introduce “Level 3” eyes-off systems to vehicles being built on its new production platform in Louisville by 2028. The first vehicle planned for the platform is a $30,000 midsize EV truck, planned for 2027.

In an interview with Reuters, Ford Chief EV and Design Officer Doug Field said the tech would not come at the $30,000 price point and would cost extra. Field said the company is still weighing just how much extra, and whether the system should be sold via a subscription model.

According to Ford, the eyes-off and hands-off tech will utilize lidar. Ford shares ticked up slightly in premarket trading on Thursday.

In August, Reuters reported that Ford rival Stellantis had shelved its Level 3 program due to high costs.

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