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50 sats \ 1 reply \ @Diego 1 Nov 2023 \ parent \ on: US Treasury Estimates Borrowing Additional $1.6 Trillion In Next 6 Months meta
I just saw an offshore wind project was cancelled. What are your thoughts on how Tesla and what they are doing? Will traditional ICE make the transition to EV or will they go bust?
I think they'll make the transition - albeit very painfully and at substantial cost to the consumer. I am confident that ICE automakers will subsidize the EV losses by raising prices on all their vehicles. Tesla is much better positioned because it has already moved past the growing pains of scaling up EV manufacturing.
Thanks for the great set of questions! Happy to continue discussing if you'd like. What do you think?
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