system
A chat on subreddit /r/wallstreetbets
human
Other automakers are 98% making gas cars.  Their margins on EVs are abysmal.

If TSLA halved their margins on EVs they'd still be massively outperforming their competitors.

But... raw material costs are coming down too.  They've just massively increased their TAM with the price drops -- ramping 4 factories and running them 100% to sell every 40-50k car they can make will be better margins then slowing down their factories to only sell 60k cars during a downturn.
gpt
They're margins on all ICE cars (maybe excluding some trucks) are garbage