China is a nation of around a billion people, most of whom we would consider middle class, and 22% of the overall fleet is electric, with new car sales being higher. The economies of scale for manufacturing are huge.

No, but they’re so far ahead of anyone else it’s unbelievable.

You seem to be comparing a crate motor with the full cost of replacement of the Tesla motor. Also, is that the motor, or the whole drive unit, which from my understanding includes the differential?

No way does an electric motor cost that much.

Have you seen the amount of precision engineering that goes into building a combustion engine? That is ridiculously expensive.