News for hackers. Stuff that matters.

A comment on Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges. Parent comment

Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by rstupek on Friday September 07, 2018 @10:57AM (#17934724)
Why wouldn't you build out the higher priced orders first?
[ Parent | on HN ]
Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by jonknee on Friday September 07, 2018 @11:28AM (#17935017)
The more concerning part is that they're still losing a fortune while only building out the supposedly high margin top end models.
[ Parent | on HN ]
Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by zaroth on Friday September 07, 2018 @01:55PM (#17936274)
Tesla gross margin on an AWD Model 3 with Autopilot is ~$20,000.

Twenty thousand dollars.

And they are outselling BMW’s entire passenger car lineup.

It cost them a pretty penny to get here but cash is literally pouring in for Tesla right now.

[ Parent | on HN ]
Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by jonknee on Friday September 07, 2018 @08:47PM (#17938752)
> It cost them a pretty penny to get here but cash is literally pouring in for Tesla right now.

And also pouring out, they are losing a massive amount of money every quarter.

[ Parent | on HN ]