mars_or_bust
Member
Do you think that US tax incentives to buy Hybrids is what accelerated this?
Partially yes - just more proof that the big three are dragging their feet regarding electrification.
But even without it I think Elon would be going for the jugular - this crisis due to high interest rates and thus low car sales are an ideal time to destroy the Detroit dinosauri. Mass produce excellent cars at prices so low that people will not want to buy any other car.
It seems to be an approach he decided on only in the last year.
Personally, I am very happy about it. It will likely keep the SP lower than it should for probably half a year or so (for the same reason Amazon SP was low for a long time employing similar tactics), but afterwards the SP should go much higher than it would otherwise.
Could be of course completely wrong...