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Margins aren't just low, many times they're negative! Rivian is losing something like 30% of the sales price each car. Tesla's margins used to be some of the be
by reducesuffering 3y ago
Margins aren't just low, many times they're negative! Rivian is losing something like 30% of the sales price each car. Tesla's margins used to be some of the best in the entire auto industry at like 25%, but are slimming down to 17% now.