Robert Roth
Dec 13, 2022

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Tesla profit margins are 2 times Toyota. Demand exceeded supply. Which is why the auto industry is switching to EV s. Battery cost is falling, another 30 % decline expected in next 2 years. But yes some use cases don’t fit, about 10%. That leaves 90% of the market for EVs.

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Robert Roth
Robert Roth

Written by Robert Roth

Retired Intel Electrical Engineer, 70's US Navy Officer Nuclear Power Program, Graduate studies in Business UC Berkeley, BSEE U of Fla.

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