I own a Tesla but I am not a Tesla fan boy by any means. My wife drives an Ioniq 5. Really looking forward to branching out beyond the brand for my next EV but this article on the big automakers’ finances going into a tough market definitely gives me pause. Don’t want to go back to the early days where Tesla was the only game in town.
Tesla started mass production of EVs earlier, so Tesla reached economies of scale earlier.
It doesn’t take a genius to figure this out.