4 ms·
Tesla maintains a 30% profit margin vs the 5% profit margin of other automakers. The car dealership model of course inserts another middleman markup and other
by delfinom 3y ago
Tesla maintains a 30% profit margin vs the 5% profit margin of other automakers.
The car dealership model of course inserts another middleman markup and other bullshit, but direct to consumer doesn't prevent profitinflation, and we saw just that in other sectors with the mass profitinlation the last 2 years.
- rybosworld 3y ago> Tesla maintains a 30% profit margin vs the 5% profit margin of other automakers. Do you have sources for these figures? Because they look made up to me. Honda and Toyota are averaging 20% and 17.5% gross margins: https://ycharts.com/companies/HMC/gross_profit_margin https://ycharts.com/companies/HMC/gross_profit_margin https://ycharts.com/companies/TM/gross_profit_margin https://ycharts.com/companies/TM/gross_profit_margin Tesla is averaging 21.5%: https://ycharts.com/companies/TSLA/gross_profit_margin https://ycharts.com/companies/TSLA/gross_profit_margin Regardless, Tesla is a unique case in nearly every way so using them as the counter argument against dealerships seems disingenuous.