[csa]

> I don't quite understand the strategy of sitting and waiting on a technology competitive advantage.

1. Utilizing current facilities, thereby being able to spread out the fixed cost of building a manufacturing plant over more units.

2. Related to 1, waiting until building new facilities is necessary to be competitive in order to be able to use the most up-to-date battery design as well as most up-to-date facilities design.

3. Keep the design a secret as long as possible. I’m not sure if its possible to keep battery tech a secret, but if there is no functioning version, then it can’t be reverse engineered.

> Their 'premium' cars are actually about on par with Korean and Japanese mid-tier vehicles in terms of quality at best, by every objective measure. But their pricing is luxury level simply due to the cost of batteries.

Totally agree.