In this video we take a deep dive into the electric vehicle industry. Specifically we look at why EV demand fell in Q1 2024 for the first time ever and why almost all EV manufacturers are losing money.
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0:00 - 1:24 Intro
1:25 - 3:28 Production ramp
3:29 - 8:04 Insufficient demand
8:05 - 11:03 High production costs
11:04 - 12:49 Scaling back production
12:50 Financial consequences
