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Yeah, and then if you under reserve on warranty costs and stuff repairs into "goodwill" under Services/Other, people who don't know better will go on the intern
by thomaskcr 5y ago
Yeah, and then if you under reserve on warranty costs and stuff repairs into "goodwill" under Services/Other, people who don't know better will go on the internet and talk about how it's fine for the company to not have an overall profit because your margin is 20% even though you spend a good amount fixing cars you already sold because quality control is poor.
And to answer the other responder's response about Amazon - Amazon raised money twice, totaling $108M. Tesla is still raising money $20B later, they are funding their efforts primarily off investors not their own operations.