Quote:
Originally Posted by aerohead
Tesla is losing $15,000 on every car they sell and the only income they get is from selling pollution trading credits to other corporations,which will all change very soon...
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I agree with everything you said in your post... except this. The "losing money on every car they sell" line gets bandied around all the time, but I find it disingenuous.
If Tesla stopped building up and out today, they would be making a profit tomorrow.
Their actual gross margin on each car is 22.8%. Compared with 15.4% for Ford and 12% for GM.
Is the company losing money overall? Yes. Is it because making electric cars is a losing proposition? No. It's a business choice looking to the future (for once). I like companies that actually try and plan for more than the quarter's profits and I get irked when I see people lambasting them for not doing the short term, maximize profits crap.