3 ms·
Just look up the margins on Tesla’s cars vs EVs from other manufacturers. For example, Tesla’s net profit margin in Q1 2023 was 13%, meanwhile Ford is hoping th
by MattRix 3y ago
Just look up the margins on Tesla’s cars vs EVs from other manufacturers. For example, Tesla’s net profit margin in Q1 2023 was 13%, meanwhile Ford is hoping that their electric vehicle division can get to 8% net profit by 2026 (they currently lose money on them)
- HWR_14 3y agoAren't those margins including amortization of capital expenses? And don't those decrease as cars/year goes up?