Quote:
Originally Posted by BrianL99
At the rate Tesla is going this year, they might just turn into an orphan brand.
Profits down 55%. Price cuts every 90. 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.
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This reminds me of the Polaroid Corp. When everybody else was in R&D....and production on digital cameras, Polaroid dug in on their instant camera model. By the time they figured it out....they were cooked. As were all their employees