Tesla Crushes It In 2019| How Will Other EVs Fair in 2020?

Washington (GGM) Analysis | January 29, 2020

by Noreen Wise After a ten year struggle to become profitable, Tesla nailed it in 2019. The 4th quarter was the turning point according to CNN. Some of the key factors for increased growth in consumer demand that put Tesla into the black are:

range
how long it takes to charge
how many public charging stations exist in local communities
and the EV car price

Every single one of these critical factors have moved in the right direction.

range increased with the new average at 200 miles per full charge
charging time went down significantly and now only averages a quick 20 minutes
public charging stations have mushroomed, not only businesses providing them in corporate parking lots to employees, but stores offering charging stations to consumers as a competitive advantage
EV car prices have dropped substantially

Climate action focused states such as New York, California, Connecticut and Massachusetts have crafted creative carrots and stick, incentives and regulations, creating a patchwork of solutions that are driving results. Very happy for Tesla to finally experience the upside of being an innovator, after schlepping through the painful wilderness for so long. In 2020, Tesla will have to face a much more competitive landscape, now that most of the obstacles in the EV marketplace have been eliminated. The following is CNET’s Road Show’s official 2020 EV lineup by range: