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Too many automakers have claimed to be investing in EVs yet delivered nothing of merit or long-term value.

Tesla's market cap is crazy, but is a reflection of having actual products.

VW is going all-in and is converting over their existing factories for EV’s, and since electric drivetrains are simpler than diesel or gasoline, having existing manufacturing that can be converted might give them a leg up compared to a company that needs to build out that capacity from scratch. And they’re well on their way in Europe.

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