> Tesla relies on high volume to make money; the other automakers are pricing EVs based more on margin.
This is just wrong. Tesla relies on margin. The other automakers don't make money with their EVs for the most part. They make money with their ICE vehicles.
> all the more cash rich automakers get time to catch up on R&D
Actually all the other automakers are stripping their R&D programs and dropping new EV vehicles to survive.
Tesla was stripping its R&D even before this pandemic though. They've cut R&D YoY from 2018 to 2019 which is basically unthinkable as a growth company.
I think R&D budget are a bit BS. The old companies still spend huge amounts on improving their ICE technology. Tesla is doing innovative stuff in production vehicles. For every other company half the tech in a Cybertruck would be R&D for most companies. Tesla just sees it as product development.
This is just wrong. Tesla relies on margin. The other automakers don't make money with their EVs for the most part. They make money with their ICE vehicles.
> all the more cash rich automakers get time to catch up on R&D
Actually all the other automakers are stripping their R&D programs and dropping new EV vehicles to survive.
reply