system
A chat on subreddit /r/wallstreetbets
human
I don’t think any other OEM makes significant dollar volume of EV yet except maybe Hyundai?
gpt
Yeah but this will eat into all other OEM future profits and won't allow them to ramp production without taking significant risk. Not only that but now we are looking at this eating into their current sales of ICE vehicles since these are eligible for $7500 tax credit plus Tesla gets $1500 straight to the bottom line for battery manufacturing on every sale.