Baloney. I've been driving my Nissan Leaf for almost 4 years. Nissan has sold 300k Leafs. The Chevy Bolt is doing great. The Tesla Model 3 has a multi-year long waitlist. BMW and some other manufacturers are being slow to adopt EVs because they aren't as profitable right now. So they'd rather keep milking the ICE cash cow as long as they can. They also know that if they seriously offered competitive EV alternatives,…
And why should BMW et. al. sell something that isn't profitable? They aren't Tesla and can't just burn through capital. On the other hand, when it does become profitable I somehow think they will have something just as good out, it's not like Tesla had some incredible magic tech that nobody else does. And at least an electric BMW would not have a build quality of a beaten up Yugo like Tesla does.