Tesla creates new addressable market through price cuts
With the price cuts all over the world, Tesla created new interest of customers. Many that decided not to buy a new EV from Tesla because of the high pricing no rethink there choice.
GM is investing even more money in its battery production
We know that GM has ambitious plans for the future. Therefore they are planning to open a battery production facility in Tennessee. Now GM and LG will put additional money into the future factory.