Take a car with an internal combustion engine and replace everything that is needed for an electric car. Now you have a no-nonsense car.
Instead, we have a rolling data center that feels like a smartphone.
Take a car with an internal combustion engine and replace everything that is needed for an electric car. Now you have a no-nonsense car.
Instead, we have a rolling data center that feels like a smartphone.
Elon Musk started a grift in 2012 that EVs should be expensive. To try and add value to what is a less expensive car to produce, he added a plethora of gimmickry and US consumers love gadgetry. By 2022, battery prices plunged 90% and Teslas were the highest profit margin vehicles in the industry.
Detroit watched all this and decided to to the same thing, but Detroit had too many “luxury” models and after pandemic gouging, customers kept away. No one bought their EVs. Stellantis lost $80B in value and has 430,000 unsold cars sitting on lots right now, rotting.
This all pushed customers to Korean brands, as Detroit decided they had no interest in affordability. Boom times for Honda, Kia/Hyundai and Toyota.