“Back in November of 23, we talked about scale being the most important driver in the in the short to medium term and then battery cost improvements and other vehicle cost improvements starting to kick in after that,” said Paul Jacobson “Since that disclosure and certainly what we saw throughout 2024 where we were talking about 200,000 to 300,000 units we came in just a touch below 200 – but still achieved our variable profit positive goal. The volume trajectory and the growth and therefore the realization of the scale benefits is coming in a little slower. So with 300,000 units, we think that’s a good trajectory based on what we’ve seen over the last six months as we’ve picked up share in EV’s and the vehicle mix is continuing to get a little bit richer with the Escalade IQ et cetera. We think we can still deliver the low end of that $2 to $4 billion of savings improvement even though it’s on lower volume than where we thought we would be.”