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They don't sell any of their vehicles for a loss... do people not read/understand the financials before stating something? They have a positive operating margi
by Cshelton 9y ago
They don't sell any of their vehicles for a loss... do people not read/understand the financials before stating something?
They have a positive operating margin per vehicle, they for the most part always have. Is it as high as they want the margin to be yet, no, but it's not a loss. Are they spending a ton of money? YES! They are spending more on Cap Ex and R&D than Chevy and Ford combined. This is the same argument people made with Amazon for 15 years.. until one day Amazon became one of the top 5 companies by market cap. A high growth company should be reinvesting every dollar, and then borrow a shit ton more to reinvest still.