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Gross margins for model S and X are 25%+. The model 3 is supposedly profitable, at the scale that they have now achieved. Tesla's big spend is on R&D on new pr
by heisenbergs 8y ago
Gross margins for model S and X are 25%+. The model 3 is supposedly profitable, at the scale that they have now achieved.
Tesla's big spend is on R&D on new product lines, and ramping up production. In other words: their core business has long been cash flow positive. It's the growth that is requiring all the cash and creating short term losses.
- madamelic 8y agoI mean look at Amazon. They are basically on their last legs after doing the same idea. /s