Quote:
Originally Posted by ldjessee00
I do not think that is true. I think that they made a profit, put money in savings, and managed to build a new factory and tool it up, I believe from their filing that the Model 3 is profitable. Did I miss something?
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Depends on how you figure things, and what specifically you're looking at.
Tesla has posted 4 profitable quarters out of 68.
The base Model 3 is still available by phone order, and has a price of something like $35,600 plus $1000 delivery. I believe Tesla takes a loss on that. The SR+ has a pretty thin margin.
The whole success of Tesla hinges on them making a substantially better battery soon.