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They are selling cars at loss because of large capital investments in the future. If you look at R&D department of BMW, it won't be profitable, but it has rest
by aquadrop 10y ago
They are selling cars at loss because of large capital investments in the future. If you look at R&D department of BMW, it won't be profitable, but it has rest of the established business of BMW to support it. Tesla now is a large R&D department, which waits for rest of the company to grow up.