Tesla reports first quarterly profit in more than three years

Re:Tesla reports first quarterly profit in more than three y... by vvanders on Wednesday October 26, 2016 @05:49PM (#12800966)

Yup, and as battery prices drop those margins are going to get even better(although I doubt we'll see the same level on the Model 3).

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Re:Tesla reports first quarterly profit in more than three y... by ams6110 on Wednesday October 26, 2016 @06:53PM (#12801460)

Only if they can sustain prices as competition comes online from other makers.

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Re:Tesla reports first quarterly profit in more than three y... by jsight on Wednesday October 26, 2016 @09:02PM (#12802128)

It is going to take about 3 years for competition to reach where Tesla is right now with regards to range and charging networks.

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Re:Tesla reports first quarterly profit in more than three y... by gniv on Wednesday October 26, 2016 @09:29PM (#12802227)

Charging networks maybe, but range no. The Chevy Bolt that will start selling in a couple of months has 238 miles range.

GM doesn't have the superchargers, but they can afford to price these cars with zero profit for a while, if they want to undercut Tesla.

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Re:Tesla reports first quarterly profit in more than three y... by jsight on Monday October 31, 2016 @10:35AM (#12837058)

My point was that the two are important together. A 240 mile range without a supercharger network is still a car that will not be particularly useful for a long trip (2+ hour drive).

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Re:Tesla reports first quarterly profit in more than three y... by nartsbtaa on Thursday October 27, 2016 @01:32AM (#12803120)

But who would drive a Chevy Bolt if they could drive a Tesla? Even if the Bolt is a better car, Tesla has the better brand name for now.

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