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It's incoherent anyway - in the annoying way these analyst reports often are. Just confusing startup and presales costs with steady-state operations to claim th
by mikeyouse 3y ago
It's incoherent anyway - in the annoying way these analyst reports often are. Just confusing startup and presales costs with steady-state operations to claim they're losing massive amounts of money when it's obviously just the launch expense + engineering + prototyping amortized over the first few thousand cars they'd sold. By that silly measure, they've already cut "losses" to only $30k/sale.