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this post was submitted on 29 Aug 2023
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Electric Vehicles
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If they don't use some of that market capital to essentially subsidize the price of their EVs to very competitive prices, they are toast. Their first model has earned a bad reputation, whether it deserves it or not, the damage is done. That 2nd model they plan on releasing better be at least $5k cheaper than competing brands with better specs or they will never gain traction in the US market.