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There is a healthy margin on every car they sell. They just invested so much that they are still not making a profit. The way I'm reading it is that they can ma
by legacynl 7y ago
There is a healthy margin on every car they sell. They just invested so much that they are still not making a profit. The way I'm reading it is that they can make a profit if they sell them at 45k, but they rather sell them at 35k to sell MORE. Expansion has a cost, and it's the reason why they're not making a profit.
- semi-extrinsic 7y agoNo, the point is they are currently not selling any at $35k. They are filling the high-end orders first, hoping that they can do $35k profitably in the end.
- kingnothing 7y agoYou can walk in to a Tesla store and buy the $35k car today. It's just not for sale on their web site.
- pmorici 7y agoTheir reported ASP last quarter, Q2, on the model 3 was 50k.