Legacy Auto Having To Supplement EV From ICE Profits
Tesla is making money off their EVs. Is anyone else? This is a question we do not have a concrete answer on. The reason is only Ford is breaking out their EV numbers from ICE.
In this video I discuss how it is highly likely nobody other than Tesla is making money off EVs. That means legacy auto is having to supplement their EV business from legacy auto. This could be a major problem if the ICE business keeps declining.