>You completely excluded (sg&a) operational and (r&d) research costs. For some reason people think that R&D will go down to nothing, even though the other majo

>You completely excluded (sg&a) operational and (r&d) research costs. For some reason people think that R&D will go down to nothing, even though the other major players spend multiples on R&D than does Tesla. We've been hearing for years that as Tesla "scales up", these costs will diminish. We're now at, what, 150,000 cars annually? And costs are increasing at an increasing rate. Still waiting to see those economies of scale.