3 ms·
Tesla aims for a 25% profit margin on the Model 3 and is not there yet: https://www.cnbc.com/2018/05/21/tesla-shares-to-soar-on-strong-model-3-profitability-ana
by twblalock 8y ago
Tesla aims for a 25% profit margin on the Model 3 and is not there yet: https://www.cnbc.com/2018/05/21/tesla-shares-to-soar-on-strong-model-3-profitability-analyst.html https://www.cnbc.com/2018/05/21/tesla-shares-to-soar-on-stro...
From what I can see, the margins on the other models are similar. And the company still loses money overall.
- AtlasBarfed 8y agoMay? That's pretty old. https://www.teslarati.com/tesla-model-3-solidly-profitable-sandy-munro/ https://www.teslarati.com/tesla-model-3-solidly-profitable-s... That is more recent (July) and shows 30% on the long range, without dual motor or performance bumps, all of which are probably really profitable add-ons. Of course who knows who is paying this guy to do the teardown/sourcing for the article. I'm guessing the 35k version rolls out when it becomes profitable to do so to keep on target with the debt payments.