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That all sounds good in theory, but where are the numbers to back it up? Apple was making billions in profit on the iPhone at launch. Tesla has never made a pr
by dkrich 10y ago
That all sounds good in theory, but where are the numbers to back it up?
Apple was making billions in profit on the iPhone at launch. Tesla has never made a profit and sold 70k vehicles last year. Companies like Ford and GM have huge numbers of loyal customers and move millions of vehicles a year and quite profitably. So while it sounds great to pretend that the automobile industry is dying and Tesla is capturing their market share by sheer innovation, the numbers tell a different story.