The key issue for most EV companies is production rate, deciding on retooling or starting from scratch? That is the number 1 problem to solve and once you invest a large amount of cash on the manufacturing process and machines, you have to make sure your investment is sound and the processes/production are constantly undergoing tweaks/monitoring/time reductions/raw materials management/too many to list. Your final product must look good and perform consistently without failure or hazards. Tesla took many years to even reach the current production rate and their QC is infamous for being substandard for a long while. Nobody even believe Tesla is feasible, all the legacy autos are laughing at Elon Musk, calling him an idiot that likes to dream. Tbh, statistics is on their side and Tesla unbelievable defy all odds and created the EV industry. Cast aside the mountain of challenges, demand is soaring so no issue there, pricing is an important factor but pointless if you can't get the physical product.
A lot of the bold claims were made since Tesla became the top dog to dethrone. I won't bother to list all the Competition's Claims, Google it and be entertained. Truthbe told, Tesla and SpaceX is a step away from bankruptcy.
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