Tesla is almost certainly cheaper than an ICE, they are sitting on their profit margin to a large degree. Chinese makers are likely under it too. All the incum

Tesla is almost certainly cheaper than an ICE, they are sitting on their profit margin to a large degree. Chinese makers are likely under it too. All the incumbents are still way over it, I hear like $140/kw-hr for things like the electric ford F-150. I'm fairly confident Tesla and the chinese are under $100/kw-hr, and that's without the forthcoming high density sodium ion/LFP cells that will probably get into cars in 2024. The Chinese EV makers are really the Sword of Damocles to Toyota and US/EU car makers. Tesla can already match them in costs, but if they gain access to the US market, the other car makers will have to eat a lot of losses to stay remotely price competitive with them.