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.
▶️ 3Speak
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Yeah, EVs on Budget suxx.
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As long as Tesla doesn't have competitors, it will continue to make money from its electric vehicles. The strange thing is that Ford is not in tune with manufacturing and bringing electric vehicles to the market, given that worldwide gasoline prices are very high. It must be because the purchasing power of people is falling a lot, which makes it difficult to buy vehicles of all types. @taskmaster4450le I take this opportunity to thank you for your positive evaluations of my publications. Today I tell you, in one of them, my experience as an actor in Cumaná, the capital of the state of Sucre-Venezuela, through #hivesucre. successes
I'm not an automobile freak but one thing I do know is that Tesla cars are indeed one of the most unique machines on the planet!