This article reminds me of how business really works. People tend to believe that it is the big that eat the small. Nope. It is the fast that eat the slow. The US automakers have become slow and complacent. Chinese automakers seem to be a lot faster. Faster to get a product developed. Faster to get a product delivered. At the rate that they are going, their car makers will have 3 iterations before Tesla goes from their first iteration to the second. The second point that this article is reminding me is that there are only two types of businesses: High volume, low margin or High margin, low volume. It seems that the US automakers have opted to migrate towards the high margin model. It seems that the Asian automakers (Korean, Chinese, Japanese) have opted for the high volume model. There are more customers that shop at Walmart than there are customers that shop at Saks Fifth Avenue. The market is larger for Walmart customers than Saks customers. With GM, Stellantis US brands/models, VW US brands/models and Ford all going upstream, they are leaving the door wide open for the Asian automakers to take over the lower priced, higher volume units. I think Tesla made a mistake and not producing a 25k, non-rebate, vehicle. At that price point, no one cares if you do zero to 60 in 2.5 seconds. At that price point, no one cares if you have FSD. At that price point, no one cares if you have a 20 speaker sound system. At that price point, they could put it's range at 210 (realistic) miles. At that price point, they would be delivering nearly 1mm cars a year without much effort. insideevs.com/features/71.. #A Glance of China 行摄中国