>> As for the "new car cost", I suspect Tesla is already at cost-per-vehicle parity with an ICE, but Tesla is keeping a high margin on their cars. << You are t

>> As for the "new car cost", I suspect Tesla is already at cost-per-vehicle parity with an ICE, but Tesla is keeping a high margin on their cars. << You are thinking last year when the auto market was out of whack due to COVID related shortages. Tesla's operating margin is down to 9.6% in 2Q 2023; compared that to Hyundai's 9.5% and Kia's 12.5%. >> With sodium ion and high density LFP chemistries coming to mass production this year, ICE cost advantage's days are numbered. << LFPs are still limited to entry-level, low-range EVs because of low energy density and weight. The cost of LFP's is't that attractive when the price of lithium is above $20K.