EV's are here to stay
I will lean more toward China, the absolute unquestioned leader in auto manufacturing and total automobiles. EV's are now at 50 pct of new car sales there, and FSD is rolled out in various places. Tesla is just one of several big players which include Geely, $GEELY AUTO(00175)$ BYD $BYD Co., Ltd.(BYDDY)$ , Great Wall $Great Wall Motor Company Limited(601633)$ ....etc. China, in 2020 had 2 pct of new car sales being EV. They had hoped that by the end of 2025 that 25 pct of new car sales would be EV and they are already at 50 pct and it is 2024. Handwriting is on the wall for ICE vehicles whether little America wants to say different or not. When BYD can offer a 250 mile range fully EV like the Seagull for $9500, that should tell you something. Countries other than the US will lap these up if BYD starts selling them far cheaper than the gas cars being sold there. Already, Toyota $Toyota(TM)$ is just going to have BYD make their EV's for them. All this allows China's transportation by road to be far far cheaper than the US and thus it reduces manufacturing delivery costs way down, and the US will just find another reason they cannot compete. It's over folks. EV's are here to stay.
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