This video explains how the 'moat' traditional ICE manufactures had became their swamp: EV demand exceeds their expectations and planning Selling EVs guts ICE products as a technology To meet the EV demand, traditional ICE makers must divert their capital to EV expansion and away from ICE. But that also means running into an EV supply-demand issue as they fight over the existing suppliers whom they do not manage. So their EV supply costs increase while deliveries lag. In contrast, Tesla is not burdened by existing ICE manufacturing. More importantly, Tesla plans their manufacturing back to the mine-head which the existing manufacturers have yet to master. Bob Wilson
Toyota has just announced that total global car production in February will fall 150k vehicles short of plan. That is about 20% globally. 25k from North American plants. No specifics concerning which models will be hit how much..
