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Re:Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales... by bb822 on Monday October 07, 2019 @05:42PM (#21186253)
Sure maybe it would look like that if Tesla were in fact Amazon. But Tesla makes cars, they don't sell tablecloths and rent servers.

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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