Earlier quoted context omitted.
As with all but a few EV manufactures [1], they were losing money each sale ( >$30k)[2]. [1] https://www.carscoops.com/2025/03/only-four-ev-brands-are-pr... [2] https://www.theautopian.com/ford-lost-36000-for-every-electr...
The only two car companies to make any meaningful profit on EVs were founded as EV companies first? That’s not that surprising. It’s very hard to make elephants dance. If that remains true it means all these auto companies will be dead in 25 years, or eternally strung along on government support. If there were no tariffs or other market barriers I get the impression that BYD would bulldoze the entire world and there…
Once BYD bulldozes the rest of the world, our domestic manufacturers are guaranteed to fail.