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by nabla9 2138 days ago
It has always been about volumes. Supply of high quality batteries was the bottleneck. Tesla had huge edge there.

European car manufacturers joined together and and started huge battery factories in Europe in joint operations with LG Chem, CATL and others. Berkshire Hathaway provided some of the funding. Now when they have battery supply secured and skateboards are ready, they are ready to compete.