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"Will it be priced aggressively to compete with the Tesla’s Model 3’s $30K range?" Since when did Apple ever compete on price? Then again, Tesla isn't actually
by barney54 11y ago
"Will it be priced aggressively to compete with the Tesla’s Model 3’s $30K range?" Since when did Apple ever compete on price?
Then again, Tesla isn't actually selling a car for $30k yet and reports are that they are losing over $10k for every car sold.
- mikeash 11y agoTesla's profit margin on their cars is something like 28%. I don't understand how this "they lose money on every car they sell" myth got started or how it sticks around. Where would all the money come from to be able to waste it like that?
- rjtavares 11y agoMarginal costs isn't something you can take out of a financial report (COGS may not be enough), while average cost is.