“ Tesla had a head start on electric, but they could not take advantage of this. Once other manufacturers woke up to the threat, it became clear Tesla has nothing on them, and car industry is fiercely competitive.”
Is there any other car company in the world selling electric vehicles at a profit besides Tesla? Everyone else is losing money on their EVs most are losing a lot of money. Not only is Tesla profitable but they have better margins than many companies have on their gas cars.
If that's the case, why Tesla easily beats any other opponent overseas as well? Here, in Australia, they do not get any subsidies. Model 3 and Y sales are leaving all others, including Ioniq, far behind.
Other manufacturers haven’t had time to scale up production. Also the direct you consumer model has been a real winner in preventing dealer price gouging due to shortages
Is there any other car company in the world selling electric vehicles at a profit besides Tesla? Everyone else is losing money on their EVs most are losing a lot of money. Not only is Tesla profitable but they have better margins than many companies have on their gas cars.