Thanks for this thoughtful read. You’re right — optionality is the crux, and once BEV-only platforms and gigafactories dip below ~70–75% utilization it stops being an efficiency issue and becomes a balance-sheet one. Also agree the policy pacing piece may be the tougher variable to manage.
Thanks for this thoughtful read. You’re right — optionality is the crux, and once BEV-only platforms and gigafactories dip below ~70–75% utilization it stops being an efficiency issue and becomes a balance-sheet one. Also agree the policy pacing piece may be the tougher variable to manage.