100% Agree, We could have $10k electric cars in the US, specifically made in China. It's not going to happen anytime soon for enough reasons that could fill a HN comment section.
What are the basics? The "front end" (demand side) is that cars are effectively subsidized by cheap and widely available financing, but at a high level where is that money actually going on the "back end" (supply side) that makes cars expensive to manufacture?