@Omega88:
Price wars among EV conpanies!! Like most new industries, eventually only a few companies would emerge victorious! A few EV companies (Lordstown Motors, Proterra) have declared bankruptcy recently and I'm sure there's more to come. Most of these EV companies are still unprofitable, it's likely to hurt their profit margin even further with the increasing price wars, and they are likely to remain unprofitable in the near future. Unlike $Tesla Motors(TSLA)$ , most EV companies clearly have issues scaling up their production significantly. The competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. Using