4 ms·
The "Total EBITDA Margin*" is currently 14%, they expect it to be 31% in the "bear case" and less than that, 30%, in the "bull case". The bear case should be so
by bflesch 6y ago
The "Total EBITDA Margin*" is currently 14%, they expect it to be 31% in the "bear case" and less than that, 30%, in the "bull case". The bear case should be something like 10% margins or even less.
- jpgvm 6y agoEh. I think 10% margins would require some monumental fuckups on Telsa's part that I don't think are on the cards. M3/MY are some of the most capital efficient vehicles to build as a result of pushing hard to make use of mega castings, vertically integrated electronics and seat production etc. (i.e little to no outsourcing, no vendor margins to pad into price). Munroe estimated a 30%+ margin on the M3 and he was pretty anti-Tesla up until that point and had some pretty damn harsh criticisms of the MS. I'm not long Tesla at these prices (if it was to drop to $400 I would be in again) but I wouldn't be betting on the stock price going to $60.