Part 4/8:
A key point of discussion was how Tesla has thrived without relying heavily on subsidies, thereby becoming a model for EV production. Monroe noted that many legacy automakers, like Ford and General Motors, still struggle to produce competitive electric cars, as their sales lag behind giant models from Tesla. He emphasized that Tesla’s success stems from its superior engineering and manufacturing decisions made over many years.
Monroe pointed out that the traditional car-making paradigm limits manufacturers from pivoting quickly to meet current demands. He highlighted key issues like "range anxiety" and misconceptions about electric vehicle reliability as hurdles that manufacturers must overcome to convince consumers.