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90503, once again, spot on. The OEMs got comfortable with COVID level supply shortages and getting MSRP+ with no incentives. The "top down" model offering strategy still hasn't trickled down to the entry level, at least not in the USA, and I still have no hope for our $15k BYD. OEMs are only concerned with keeping them off our shores, not competing with them. Conditions have changed dramatically. Time will tell how long they can rely on regulatory policy to drive the market in their desired direction.
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