Yeah and might I suggest their discounting might not be long term sustainable and say thus is war chest burning to keep the sales and delivery numbers up, since that seems to be what company leadership cares about. Maintaining markets have and delivery numbers.
Don’t be surprised once the economic situation improves, the Tesla prices will come right back up to match the increased demand and customer ability to pay.
Well their parent Volvo Group. Volvo Trucks is one of their divisions. They have also Volvo Construction Equipment, Volvo Penta marine engines division and bunch of others. Still yeah, not the Geely subsidiary, which got spun out of the main Volvo Group.