Perhaps compare ICE to EV new car registrations for a more meaningful number. Or show the numbers for the last 5 years, year by year to establish trend.
And take pickup trucks out, as there is no apples-to-apples comparison.
Did you know the Model Y is expected to be the #1 selling car in the world by volume and it is probably #1 already by revenue?

 

We should have some stats?

 

That depends on your definition of reliability. Consumer Reports dings Tesla for panel gaps. But if you define reliability as performing consistantly well, then Teslas are highly reliable.
And CR says Tesla has the highest customer satisfaction of any car; only the mighty Porsche comes close...

 

Just experience with and confidence in Toyota. You don't think Toyota can make a reliable and long lasting EV? I have every confidence they can. Electric motors are very long lived, and less complexity equals less things to go wrong, Toyota can make reliable extremely long lasting ICE cars they certainly can an EV.

If you know people with Teslas, the issues are with the electronics, computers, telematics, they aren't issues with the motors or batteries. Those are all areas where Toyota excels in reliability.

Upfront, for now...but maintenance and running costs are much less.

How does that make sense when every major automaker has pledged to make only them within the next 20 years? Sales of EVs are going to explode, not slow down.

 

Tesla Made 8 Times More Profit Per Car Than Toyota

 

I take these numbers with a grain of salt. With the supply constraints many models were undeliverable. I know the Lexus NX at Cambridge experienced production slowdowns due to part shortages, Lexus would prefer to slowdown production versus Ford that puts unfinished models in a field.

 

It's not about volume, where Toyota is obviously ahead of Tesla even with shortages. It's about profitability per unit, which was the concern Toyota themselves expressed in the OP article.

 

Again expressed in a different way, taken directly from the article "While Toyota was trailing Tesla on net profit, it came out ahead in operating profit, returning $4.08 billion compared to Tesla’s $3.69 billion"

Tesla will always win the per unit profit because they are insanely over priced.

 

If they're "overpriced" why do people continue to buy them?

There's no way to spin it, Tesla is way more successful than any other brand right now when it comes to profitability. Toyota has noticed, and they want a piece of the action.

 

Because there a lot of people with money to burn out there especially in California.

 

Plenty of cars are overpriced.

 

If it was that simple, don't you think Toyota or any other brand would have already raised their prices to match or exceed Tesla?

Maybe... people are just willing to pay that price for a Tesla because it's worth it.

 

Tesla definitely has street cred. But still some glaring flaws for the price.

 

Your argument is falling apart. Do you think Toyota would jack the price of a Corolla up to Tesla profit margins? Toyota sells cars in all price ranges for different customers. Tesla just has 4 overpriced 4 door sports cars that a lot of people don't want. I read that Tesla is working on 25K model. I can't wait to see what piece of junk that will be.

Well, not because it's worth it but because fools part with their money for no reason all the time.

 

I don't think you had an argument to begin with lol. How much a company can charge for a car depends on how much people are willing to pay for it. Most people are not willing to pay $60K for a Corolla, therefore Toyota can't price it as such.

Whether you think a Tesla should be worth as much of a Corolla has no bearing on whether a vehicle is "overpriced" as people have already paid for it.