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Tesla loses $13k on each car sold... http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/ http://www.automobilemag.com/news/tesla-lose
by jayess 9y ago
Tesla loses $13k on each car sold...
http://www.automobilemag.com/news/tesla-loses-397-million-first-quarter-2017/ http://www.automobilemag.com/news/tesla-loses-397-million-fi...
- mdorazio 9y agoNo, it doesn't. They're taking Tesla's corporate loss and dividing it by sales to say that Tesla loses money on each vehicle sold. This is incredibly poor reasoning. It's like saying Amazon lost money on every product it sold until 2016. Tesla has a net loss because they invest very heavily in R&D for new vehicles, battery factories, etc. Their per-vehicle profit margins are actually very high, often quoted as around 25% [1][2]. [1] https://seekingalpha.com/article/3972238-tesla-manages-make-21944-per-car-sold https://seekingalpha.com/article/3972238-tesla-manages-make-... [2] https://www.fool.com/investing/general/2016/03/27/how-tesla-motors-could-be-profitable-if-it-wanted.aspx https://www.fool.com/investing/general/2016/03/27/how-tesla-...
- deleted 9y ago[deleted]