March 27, 2023
"Dan Nathan from CNBC...
GM will be around in 100 years, but Tesla is not so sure.
Tesla has more to lose as a leader, as a $600B company.
GM and Ford have much less to lose coming at them from a $55k value and huge negative margins in EV. Tesla is fighting for EV market share against the competition. Tesla has declining margins from 25% to 22%..."
End of Quote.
Wow...
I don't think there is much to say here.
I will say one thing though.
In a growth-disrupting market at around 50% YoY, losing some EV market share while still growing 50% every year and leading everyone else by x10 or x30, in Profitability, Revenue per car, technology, vertical integration, production skills, Charging network, and Innovation.
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