5 ms·
From a business standpoint, Tesla sells an order of magnitude more EVs than the closest competitor and makes a ton of profit on each one, whereas most other aut
by starbase 4y ago
From a business standpoint, Tesla sells an order of magnitude more EVs than the closest competitor and makes a ton of profit on each one, whereas most other automakers sell their EVs at a loss.
If you happen to be an engineer or just love tech, I highly recommend watching some EV teardowns (and cost analysis) on the MunroLive youtube channel. The differences are more than skin deep, and give a better picture of how Tesla manages to build so many vehicles at such high margins.