Re:Jaguar and Audi SUVs Fail to Dent Tesla’s Electric-Car Do...
by psychrometer on Monday August 19, 2019 @01:31PM
(#20739775)
Tesla makes a profit on every car that they sell[0].
There are more people wanting to buy Tesla's than they can currently produce[1].
Telsa needs to spend more money to increase production. They make money on each car sold and they can sell a lot more than they currently do. Tesla being in the red in order to increase production is the same scenario that Amazon was in.
There are more people wanting to buy Tesla's than they can currently produce[1].
Telsa needs to spend more money to increase production. They make money on each car sold and they can sell a lot more than they currently do. Tesla being in the red in order to increase production is the same scenario that Amazon was in.
[0] https://www.fool.com/investing/2019/07/26/tesla-management-t...
[1] https://electrek.co/2018/07/03/tesla-model-3-long-backlog-re...