Subject: Re: Farley admits reality, mostly

One fella makes a valid point about the hubris of the legacy automakers. They see Muck's Tesla profits take in 2021-2022. They think:"We're the experts. This will be easy peasey!".

That is exactly what I have been suggesting, for a couple years. The big three are all about escalating ATP and GP to the moon. They looked at the ATP and GP that Tesla was posting, when they were the only game in town, and they figured "easy money", so jumped on the bandwagon. Now they are sending tens of Billions to money heaven.

Steve