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To me this reads like minus credits and bitcoin, they'd have to scale down R&D in order to break event which would probably push back FSD and delivering on all
by igorkraw 5y ago
To me this reads like minus credits and bitcoin, they'd have to scale down R&D in order to break event which would probably push back FSD and delivering on all of their pre-ordered promises again? Which I would assume increases the risk of people canceling and registering as negative revenue? How "normal" is their cost of revenue and sales/admin/overhead in the car industry?
- hwillis 5y agoon the higher end: https://lga-consultants.com/seven-global-car-makers-kpis-part-3-profitability/ https://lga-consultants.com/seven-global-car-makers-kpis-par... but nothing absurd. Note that trying to compare 2020 data will obviously be extremely wonky.
- mft_ 5y agoUnless I'm reading that graphic incorrectly, isn't it only a $24m delta? i.e. credits + bitcoin profits are only $24m greater than their operating profit? On the scale of Tesla, that feels like a tiny amount - for which they'd dip into their war-chest and not slow anything down at all?