How TESLA EVs are PROFITABLE when GM & FORD's are not | They Can't Catch Tesla

Legacy automakers are scrambling to catch Tesla’s lead not only in EV technology, but also profitability. When it comes to EV profitability, they are way behind, so how can Tesla be so profitable when others are not?

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*** All video and pictures are used with permission or in accordance with the copyright owner's stated policies and use allowance, or applicable fair use laws. ***

Image & Video Clip Sources:

1. Tesla Model Y thumbnail image and images and video clips used in the video courtesy of Tesla, Inc. (where noted in the video).

2. Ford Images and video clips used in video courtesy of Ford (where noted in video).

3. Chevrolet Images and video clips used in video courtesy of Chevrolet (where noted in video).

4. GMC video clips used in video courtesy of GMC (where noted in video).

5. Cadillac video clips used in video courtesy of Cadillac (where noted in video).

Data Sources:

https://www.youtube.com/watch?v=8IhSWsQlaG8&t=1s

https://www.reuters.com/business/autos-transportation/gm-ceo-stands-by-her-bet-autonomous-vehicles-2023-06-02/

https://cleantechnica.com/2022/01/06/general-motors-is-leading-the-world-in-evs-26-evs-sold-in-q4/

https://www.freep.com/story/money/cars/general-motors/2023/02/17/gm-ceo-barras-plan-for-automaker-to-lead-the-industry-in-ev-profits/69911374007/

https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2023-Update

https://www.myevreview.com/tech-specs/chevrolet/bolt-euv/65-kwh/battery-capacity-usable-kwh

https://www.barrons.com/articles/gm-ev-profits-three-years-51668715186

https://www.reuters.com/business/autos-transportation/china-was-top-market-tesla-model-y-worlds-best-selling-car-q1-2023-05-30/

NOTE: The content found in this video should NOT be regarded as financial advice. I am not a financial advisor, and this is NOT in any way a recommendation or offer to buy or sell securities. While the information in this video is believed to be accurate at the time of recording, no guarantees are being made about the accuracy of the information presented in the video. As of the recording of this video, I am NOT invested in Tesla stock or securities, nor any other company mentioned in this video.

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