(01-21-2021, 10:34 AM)divmenow Wrote: F and GM breaking out. Who would have thought lol
I added CGC and UPS
Can someone please explain this EV hype train to me?
F & GM makes little money on every car sold, they make up for it with profits from their pickup truck sales.
The auto business is a highly cyclical, highly competitive, and low margin business.
Why will that still not be the case with EV's? Are they magically more profitable for car makers than ICE cars are?