[thesimon]

>Their bet is that later on that ratio will invert.

Because later when the subsidies are dropped and the product price rises, the demand will increase?

[wastedhours]

But they have enough runway that it doesn't have to be one day cheap rides, the next expensive ones. You simple optimise the rate at which prices increase so as not to immediately alienate customers (isn't it something like we only feel a price rise pain if it's over 5/10% in one go?).