2 ms·

Speaking of the US.

• rsynnott 6y ago
  That would only really be relevant if the US was the only market that existed (or if the industry was really balkanised, I suppose). As it stands, the US is the third largest electric car market, and proportionately shrinking fast; the behaviour of the US market isn’t super relevant to market dynamics as a whole. If the US market is stagnating but the global market is growing fast, the demand for batteries continues to grow fast. To be clear, I don’t think it’s at all inevitable that the US continues to stagnate, but even if it does, he global market should be expected to grow.
  • Robotbeat 6y ago
    True and a valid point when talking about overall price reductions of batteries, but Tesla is doing really well considering almost all the supports for electric cars have been removed, from removing federal EV credits (no extension), super low gas prices, and a general lack of urgency on addressing climate from a federal level. The US would be without industrial capacity for battery production, which would mean we'd be further behind the Wright's Law curve (as industrial knowledge and capacity isn't this fluid thing that can sprout up easily anywhere... industrial capacity can atrophy in a region, making it very difficult to catch up to the world).