They are steadily reducing their spending per vehicle each quarter, they published a production plan and cost reduction plan, they are exceeding it a little bit. They were the 5th biggest ev producer, ahead of multiple german companies.

They have to continue improving cost efficiency, increase production, and design and produce a cheaper "2" model line, and they seem to be succeeding in all of those things. The R2 line will be announced in a year or so with details.