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A comment on Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales in USA. Parent comment
There is very high operating leverage in Automotive manufacturing. Hence why this cycle continues forever:
Elon: That's it, we don't need to raise anymore outside capital! 9 months later: Insert equity/bond/convert raise here.
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There is very high operating leverage in Automotive manufacturing. Hence why this cycle continues forever:
Elon: That's it, we don't need to raise anymore outside capital! 9 months later: Insert equity/bond/convert raise here.