If you doubt Tesla's engineering then you need to watch this
(www.youtube.com)
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When Sandy Munro first took apart the model 3 engine, he noticed that the magnets consisted of smaller magnets glued together. It took him months to figure out the reason behind this: Tesla found a way to increase performance of cheaper magnets to match better, more expensive ones.
This one change saved Tesla a ton of money. Ford, on the other hand buys their motors from an electric engine company, thus eating away at their profits.
This sort of thinking is what has allowed tesla to achieve a 30% + profit margins per car (and going up every year).
Cheap materials....lower grade....gotcha.
The Model3 Tesla motors are rated for a million miles. Saving money means more profits.
iPhones are cheap to make.....still cost a fortune to buy.....it's called greed....and debasing the value....
The Cost of EVs are dropping fast as the cost of batteries drop. Simple side effect of production of scale.
But their batteries blow up after 50k.... It's like saying the thread is steal....and then making tissue paper clothing with it....the thread is lifetime guaranteed ;)
Source? the First model 3 batteries are rated for 300k-500k Miles.