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All EVs are subsidized and pretty much all of them (except Tesla) are loosing money while Tesla has industry leading gross and operating profit margins. So it'
by kjksf 4y ago
All EVs are subsidized and pretty much all of them (except Tesla) are loosing money while Tesla has industry leading gross and operating profit margins.
So it's definitely not subsidies.
On a definitional level, gross profit is difference between price and cost.
Tesla has biggest difference which implies that it's a combination of charging higher prices and having lower production cost that other.
- akiselev 4y agoOnly EVs assembled in the US can receive the full subsidy now, ever since the Inflation Reduction Act came into force.