Remember how Tesla was going to get crushed because every other manufacturer could just roll out electric cars?
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Incumbent car companies are moving slowly on electric partly because batteries are still too expensive to be profitable. The bolt costs a lot more to make than an equivalent ICE car. This is also why the $30k Model 3 can’t be ordered yet.
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But there are profitable electric cars to make. S, X and 3 upper trims are profitable and other automakers don't build competitors. I think incumbents are used to incremental change and think they can wait for suppliers to solve autonomy and batteries for them and it will be late
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Autonomy is irrelevant- Tesla is not in the lead here. And yes, there will be hundreds of companies providing EV components. That’s how ecosystems work. Tesla trying to outcompete that is like 1980s Apple trying to outcompete the entire PC ecosystem.
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Why did it not work for 1980s Apple but it seemed to work pretty well in the 2010s?
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It didn't. Apple took exactly the opposite approach.
End of conversation
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