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this post was submitted on 12 Sep 2023
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This is gilding the lily. Ford and GM know they are screwed and are adopting a defensive posture in the hopes of recovery. Maybe they perceive retreat as a way to moneyball their resources - wait for the EU carnage to subside and step back in. But thinking that this is coming from a position of strength though is a nonsense. Ford and GM are are fucked in Europe, and China and they're getting out. I haven't seen any sign the same applies to Tesla.
I guess my point is more about Tesla and less about GM and Ford, come 2025 and beyond. Tesla doesn't have the production capacity, nor do they seem to have the plans to ramp up capacity in the near future to have any chance to have a huge share of the global EV market. Chinese companies are ramping up faster, VW also has a huge planned production that I am sure will help satisfy European demand.
Unless Tesla makes plans to ramp up way faster than they have currently stated, their best bet would be to make better cars and just compete in the high end premium market. But that would take Musk to admit that his cars aren't up to par to premium cars to make the necessary changes to quality to compete. I don't see that happening.