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A current snapshot of the per vehicle profit of a luxury car manufacturer versus a mass market manufacturer tells us even less. Suffice to say that if they were
by notahacker 3y ago
A current snapshot of the per vehicle profit of a luxury car manufacturer versus a mass market manufacturer tells us even less. Suffice to say that if they were to scale sales to hit the multiple of Toyota's annual profit level implied by their respective market caps, Tesla would need to be selling cars for a lot less than $40k...