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> Lots of stuff about rolling the R&D/factories into "losing money" Actually that's not the case. This was the quote from Nissan's CEO about the Leaf turning a
by dangrossman 9y ago
> Lots of stuff about rolling the R&D/factories into "losing money"
Actually that's not the case. This was the quote from Nissan's CEO about the Leaf turning a profit:
"We are getting there. Are we amortizing and depreciating everything we have spent? No. But if you look at margin of profit — the direct cost of the car and the revenue of the car — we are getting into positive, which is good for this technology."
So he's talking about reaching positive gross margins on each car, not the point when they fully cover the development costs.