Agree with the majority of that, but not the point that Telsa and Chinese-made EVs will send the rest broke.
Auto manufacturers have large pockets and those that are smart will capture a portion of the market. Some will struggle, no doubt. Countries will smash Chinese EVs with tariffs (US already is, and from memory EU just announced up to 38% tariffs). China won't be able to subsidize the industry forever, particularly if leading markets in the US and Europe and shutting them out.
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