I couldn't agree more. Now that they have sold >200,000 vehicles the incentives are coming off, so the car prices are going up. Cars are one of the post price elastic product on the market. You raise the price and the demand drops off.
$10B in debt. No hope to actually turn a profit. Burning cash on hand. Struggling with manufacturing costs and output. >110 electric cars announced globally.
I couldn't agree more. Now that they have sold >200,000 vehicles the incentives are coming off, so the car prices are going up. Cars are one of the post price elastic product on the market. You raise the price and the demand drops off.
$10B in debt. No hope to actually turn a profit. Burning cash on hand. Struggling with manufacturing costs and output. >110 electric cars announced globally.