Part 9/11:
The EV landscape continues to evolve, with other players like Lordstown Motors signaling the end of their journeys after Elon Musk’s recent comments about the fading presence of traditional startup competitors. Meanwhile, the U.S. government’s support for electric vehicle and battery manufacturing—such as the planned $9.2 billion loan from the Energy Department to a joint venture of South Korea’s SK and US manufacturers—underscores increased government backing for EV growth.
In addition, Tesla’s decreasing inventory in major metropolitan areas indicates either a high sales rate or strategic inventory management. This, coupled with upcoming vehicle launches and internal innovations, suggests Tesla is positioning itself as a dominant force in the EV and battery space.