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They went from losing ~$160K per vehicle in Q2 2022 to $32K in Q2 2023. So at this pace, they could break-even within the next 2 or 3 quarters.
by sakopov 3y ago
They went from losing ~$160K per vehicle in Q2 2022 to $32K in Q2 2023. So at this pace, they could break-even within the next 2 or 3 quarters.
- pgwhalen 3y agoOn the one hand, they're trending towards break-even. On the other hand, they're losing the price of a car amount of money every time they sell a car. Doesn't seem great for a car company.