In this episode of Land of the Giants: The Tesla Shock Wave, Tesla’s share of the EV market is dwindling as more automakers pile into the space. How does the competition stack up?
Despite the clickbaity title, it’s worth a discussion. Can Tesla separate itself from its CEO and remain viable when other automakers ramp up their EV production?
NOTE
This piece does not include any mention of the more recent news that automakers have an agreement to use the Tesla charging interface as the industry standard.
“The price and release date for the new version have not been disclosed, but the new Bolts will utilize “Ultium” and “Ultifi” technologies, which are GM’s battery platforms and software, respectively.”
So unless they where already working on this expect it to be off the market for 2-4 years given normal auto development lifecycles.
The pack is kind of a major component in an EV.