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By building less new factories?
by guepe 6y ago
By building less new factories?
- totalZero 6y agoCurrently they are constructing a factory in Berlin and another in Austin TX. Tesla sold about a half of a million cars last year. Nissan sells about 3 times that figure in the US alone. Toyota sells about 18 times that figure globally. Without being too presumptive, it certainly seems like Tesla is not going to imminently stop building factories.
- _ph_ 6y agoAnd they are still expanding the Shanghai factory, which just started building Model Ys. Indeed, Tesla is not going to stop building factories, but also for that costs are going down as are the costs for the individual cars. When the revenue due to the certificates goes down, there are many financial knobs to turn to insure Tesla stays barely profitable. And of course in times of expansion, you would only aim for minimal profits and rather invest any margin achieved.