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Originally Posted by Tvflguy
Totally agree with this. Tesla’s model is so simple and so effective. The old “Dealer” model is entrenched with the “old” standards. And those manufacturers which are not moving, or moving too slowly with EV technology are on the path to extinction. It’s already happening in China.
I will Never deal with car dealers again after experiencing Tesla. I always felt “slimy” leaving a car dealership.
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At the rate Tesla is going this year, they might just turn into an orphan brand.
Profits down 55%. Price cuts every 90 days. Inventory going no where. Government subsidies made Tesla and when that changes and Tesla is on their own, it will be reckoning time.
As for manufacturers who are "not moving fast enough to EV technology"? The CEO of Toyota (a company that know a little about automobiles) recently said Toyota won't buy into the EV world and will continue to focus on Hybrids.