Brevity is the soul of wit. I don't need long winded theories when big Honda reps tell a major automotive journalism source that they lose money on every car. Not just lose money but roll their eyes lose money. It took Honda 10 years to start making profits on hybrids and there have been years in between where they still say they are losing money on US sales of them (maybe why they cost more in Australia because they chose not to lose money on them there). Overall I'm sure they still have been a net loss if total up over their history so far. Maybe someday they will break even and and then be in the black but at what cost of what they could have been doing with that money over that 20 year period?
Telsa may have it figured out just recently but they are selling them at $80,000 on up, hard not to make a profit on $100,000 cars. Now lets start adding in government grants and stimulus money. How could they not make money?
Tesla is worse than Solyndra: How the U.S. government bungled its investment in the car company and cost taxpayers at least $1 billion.
Benz said nobody in a reasonable time will make money on EVs
Mercedes CEO: No One Will Make Money On Electric Cars In 'Reasonable Time'