Re:Tesla’s ‘Anemic’ High-Margin Model Sales Extends Profit S...
by SECProto on Tuesday July 23, 2019 @10:08PM
(#20511868)
> If those same items were excluded with respect to the Chevy Bolt/Volt
Are you talking about the same Bolt? The one where they were estimated to lose $9000 [1] per vehicle sold?
I'm being a bit flippant, but you can't in good faith argue that everyone else is accounting for EV stuff totally normally and only Tesla is doing something different. I expect all those companies are subsidizing the EV production in some way, as they do for all their low-volume cars. The cars that make money are low production high price models (eg, the Lamborghini's and Tesla Roadsters of the world), and the high volume cars (eg all the models (or platforms) that sell 500k+ annually, from Toyota/GM/etc). Model 3 is not quite at this production level yet, though it is close. We'll see from 2Q results tomorrow what the real deal is.
Are you talking about the same Bolt? The one where they were estimated to lose $9000 [1] per vehicle sold?
I'm being a bit flippant, but you can't in good faith argue that everyone else is accounting for EV stuff totally normally and only Tesla is doing something different. I expect all those companies are subsidizing the EV production in some way, as they do for all their low-volume cars. The cars that make money are low production high price models (eg, the Lamborghini's and Tesla Roadsters of the world), and the high volume cars (eg all the models (or platforms) that sell 500k+ annually, from Toyota/GM/etc). Model 3 is not quite at this production level yet, though it is close. We'll see from 2Q results tomorrow what the real deal is.
[1] https://www.inverse.com/article/32239-why-gm-loses-money-che...