no you're wrong. Tesla is cutting their prices because their margin is the highest and therefore they have fat to cut. I guarantee you the cheapest ICE will be cheaper than the cheapest BEV. Even right now the cheapest ICE is half the cost than the cheapest BEV. If you think BEV is going to go down half in cost in the next 5 years IDK what to say.
even now, after price costs, a Model 3 is more expensive than nearly all PHEVs
even now, after price costs, a Model 3 is more expensive than nearly all PHEVs