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No - they'd still need to get their profit margin to be ~25% instead of ~10%. Tesla can definitely sell more vehicles OR increase margin - but it will be subst
by onlyrealcuzzo 5y ago
No - they'd still need to get their profit margin to be ~25% instead of ~10%.
Tesla can definitely sell more vehicles OR increase margin - but it will be substantially more challenging to do both at the same time over a short horizon (10 years).
- random314 5y agoTesla is operating at significantly over 10% per car profit as per estimates. A report earlier this year estimated almost 30%. https://www.teslarati.com/tesla-record-q1-2021-gross-margin-average-cost-decrease/ https://www.teslarati.com/tesla-record-q1-2021-gross-margin-...