Quote:
Originally Posted by Efthreeoh
, it's going to get propped up by taxpayer funds on the order of 100 billion dollars.
Tesla makes just four (4) models off of two EV platforms. All of Tesla's Models are visually outdated. The legacy manufacturers are developing EV while still developing and supporting a vast legacy ICE vehicle fleet including light-duty trucks, delivery vehicles, heavy-duty trucks, and a highly diversified light-duty passenger vehicles.
Making it sound like Ford (and the others) lose $33K per EV (as compared to Tesla) is not framing the business situation from the correct view. Of course Tesla can make a profitable EV, that's all it does. It has no legacy costs to cover and has not re-platformed any of it's vehicles in the past six years. Tesla does not make a 4x4 ORV (Jeep, Bronco, Land Cruiser), does not make a sedan-based convertible, does not make a work truck, does not make a work van, does not have a heavy-duty line of cab/chassis trucks. It makes just two outdated platforms.
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There is a new car coming on Nov 30, you know, the Cybercunk… I mean Cybertruck?
https://www.reddit.com/r/wallstreetbets/s/7nm7HO4cuy
$98,900!