BYD just posted record profits and is running a higher profit margin than Tesla YTD.  This article is simply wrong.

This is the point of competition...lower prices.  And it is illegal to collude to fix and inflate prices (Uh-Huh), unless Joe Biden is the Puppet for Obummer.

Yep...The Whole Damn Bag of Jelly Beans!

All this about whiplash commodity prices just highlights how different energy & vehicle markets will be in ~20 years, when almost everything is electrified & we have ubiquitous, very widely distributed energy production, storage & V-2-G charging infrastructure. No more hostage taking, gouging & price manipulation by petro-states  and fossil-fuel & utility monopoly exploiters.

This article was obviously written by a bot with a few failed P/N junctions.

I agree. The quality of the writing is dreadful.

And Tesla buys superior blade batteries from BYD. You know, one of those Chinese rivals they are doing so much better than...

I too must make note on how bad the grammar is in this article. I am not a native English speaker but the title alone is like an unfinished sentence. It is like someone was writing one sentence but jumped to another midway (just like Donald Trump in his interviews).
On the content - Tesla seems to be feeling the pressure from competitors. That is a good thing since consumers win a better deal. Every other manufacturer is still "investing" in EV development or figuring out production. Tesla has the benefit of a mature manufacturing process and has the leeway to cut costs.

Quote from: Drew on September 05, 2023, 18:53:45Who the hell is writing these articles? The title is incomprehensible word salad hell and the body is rife with grammar and spelling errors. I would have said this was an example of generative AI mis-use in journalism but at this point generative AI would have done a better job.

I actually found the article succinct and understandable.
It would be interesting to see the result of your doing an edit...

Horribly written article. Must have been done by Musk himself or his AI counterpart.

"Tesla... commence a price war"
Elon musk for the past 3 years has been telling the markets that the issue is "affordability". To that extent he has set in motion a chain of improvements to cut production costs in half. Tesla thus is not engaging in a price war, but is passing on production costs savings to make the car more affordable. In the meantime they retain a very healthy profit margin of 20%, cash that enables them to improve affordability even more. If only the journos would change their emotive language...

This is how competition works. The Chinese EV market is highly competitive and price sensitive, and there are too many EV makers to survive ultimately. They're past the early explosion of EV companies that jumped into the market, and now they're in the phase where competition is driving down prices, with both Tesla and BYD, the two market leaders, cutting prices aggressively at various times, and that's going to drive some companies out that cannot compete.

Who the hell is writing these articles? The title is incomprehensible word salad hell and the body is rife with grammar and spelling errors. I would have said this was an example of generative AI mis-use in journalism but at this point generative AI would have done a better job.