EV down the drain

Legacy automakers making ICE and hybrids are doing great. They’ll back down on the eagerness to transform their portfolios to electric models.

Toyota is crushing it, they invested in ICE trucks: Tundra, Sequoia, Tacoma, Landcruiser, GX550, 4 Runner. To think you could spend that same NRE/Capex on one low volume EV that loses money on every unit instead.

Don’t forget that Fisker is failing again.