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>They also maintain the highest profit margins in the industry (14.95% vs 4.32%). They have a different business model than OEMs, this is not apples-to-apples.
by itsoktocry 4y ago
>They also maintain the highest profit margins in the industry (14.95% vs 4.32%).
They have a different business model than OEMs, this is not apples-to-apples. OEMs act as wholesalers.
Besides the fact that you're talking about the efficiency of a company that literally produces 10x the number of cars. Let's see what happens to Tesla if they ever reach that scale.
>Toyota: 2.6M (+5% y/y) Tesla: 344K (+42% y/y)
Base rate fallacy. Why not use absolute numbers of cars, rather than percentage increase? It would tell a different story, wouldn't it?
- vardump 4y ago> Besides the fact that you're talking about the efficiency of a company that literally produces 10x the number of cars. Let's see what happens to Tesla if they ever reach that scale. 10x higher production should in itself bring a lot in terms of economies of scale. Generally, the more you make of something, the cheaper one unit is to make. So Tesla's position is certainly more impressive in this comparison.
- panick21_ 4y agoIts not longer 10x the cars. Toyota is targeting only 9.1 million. Tesla is targeting close to 1.5 million. That's more like 6-7 times as much. And next year it will likely be even less.
- SEJeff 4y agoWith the recent increases at the Shanghai and Austin Gigafactories, Tesla is able to sustain a rate that would extrapolate to two million vehicles manufactured per year.