According to Tesla's latest Investor Day presentation, the company has somehow managed to reduce the cost to produce each EV by ~30% over the past four years. T

According to Tesla's latest Investor Day presentation, the company has somehow managed to reduce the cost to produce each EV by ~30% over the past four years. That's... incredible. The exterior of Tesla EVs may look the same, but their insides have changed a lot: different frames, subsystems, components, technologies, manufacturing steps, number of parts, etc. This will screw with the plans of other EV makers, which cannot follow suit, because their costs per EV are much higher. As of right now, BYD might be the only other EV maker that can keep up with Tesla on cost efficiency. [a] See pages 156-161 here: https://tesla-cdn.thron.com/delivery/public/document/tesla/65f9e56b-62fd-4382-8e7c-2319006c2ef3/S1dbei4/WEB/Investor-Day-2023-Keynote https://tesla-cdn.thron.com/delivery/public/document/tesla/6...