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Anyone who has eyes can see that there are lots of Tesla vehicles on the streets wherever there are lots of wealthy people. That has never been a question or so
by jonknee 8y ago
Anyone who has eyes can see that there are lots of Tesla vehicles on the streets wherever there are lots of wealthy people. That has never been a question or something that headlines suggest. The problem is Tesla sells these cars for less than it costs to build them and have had trouble making enough of them with a build quality matching the luxury price tag. Short sellers will magically go away if Tesla can start to consistently make money by selling cars, until then nothing matters.
If you haven't read it already, don't waste time reading this article.
- stephengillie 8y agoSupposedly, Tesla's cars themselves sell for more than their production cost. The loss comes in supporting Tesla-as-a-fuel-reseller* - aka the Supercharger network. It would be like if Toyota started opening gas stations, and Camrys and RAV4s and Siennas and Tundras got almost-free gasoline. While these businesses are complementary, they're very different operations, and should at least be in separate business units, if not a subsidiary or partnership with an existing fuel supplier. *Electricity of a specific voltage and amperage is now a motor vehicle fuel.
- jonknee 8y agoAny source for this? The Supercharger network is no longer free (at all for Model 3, 400 kWh in annual credit for Model S/X), but either way it was and still is a heavily marketed feature of Tesla vehicles so you can't ignore the cost. They need to make money or they will go out of business.