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Bingo. Not only that, but they may even rely on battery extrapolations for 2022, despite the truck and car being launched in 2019-2020. All they need is to brea
by mtgx 9y ago
Bingo. Not only that, but they may even rely on battery extrapolations for 2022, despite the truck and car being launched in 2019-2020. All they need is to break-even in the first year or two, and then they can make-up the profits from the improvement in battery prices. That said, the roadster itself will likely be profitable from day one. It's the truck that may not be.
This is why Musk keeps getting ahead of everyone else and leaves carmakers and media writers in "shock and awe" - because he keeps thinking outside of the box, while they keep thinking within the existing or past constraints.
- flor1s 9y agoMeh, I think other companies just don't have the bravoure a man like Musk has. Also it helps if your company is a start-up and no heads will roll if you don't make a profit. Established companies don't have that luxury.
- toomuchtodo 9y agoEstablished companies keep their stock price high by being conservative. Startups/growth companies keep their stock price high by pushing the envelope.
- erikpukinskis 9y agoYou don’t need bravoure to do math.