Part 6/13:
He noted that continued price reductions could help Tesla maintain a competitive edge against other EV manufacturers and traditional automakers. As battery costs decline over time, Tesla's ability to lower prices without sacrificing profitability becomes a key part of its strategic advantage. Ives believes that other manufacturers, such as Rivian and GM, are still trying to prove their long-term manufacturing capabilities, while Tesla has been steadily scaling and dominating the EV segment.