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It's hard to say how much they make on each car sold because they are purposely obscuring this. If you listen at 6:15 to the earnings call you'll hear them tot
by bsdetector 11y ago
It's hard to say how much they make on each car sold because they are purposely obscuring this. If you listen at 6:15 to the earnings call you'll hear them totally dodge a totally straightforward question on how many credits per car:
http://seekingalpha.com/article/3147926-tesla-motors-tsla-q1-2015-results-earnings-call-webcast http://seekingalpha.com/article/3147926-tesla-motors-tsla-q1...
Elon says credits sometimes sell for as little as 50%. They are rumored to be getting 9 credits for most cars sold in ZEV states (most cars in US). Credits are worth $5000 in offset fines. So $22k per car even at heavily discount ZEV prices.