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A comment on Stock Market: What Happens If Tesla Enters S&P 500. Parent comment
They received a larger amount of government incentives, and more cars sold means more software sold (autopilot, etc), which has huge margins.
That's, in my humble view, the main reason why they managed to make a profit, despite the larger capex you have mentioned.
I'm not a Tesla fanboy but I have to admit that, besides the currently hyped stock price, I think it's a company that will do well in the long run.
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They received a larger amount of government incentives, and more cars sold means more software sold (autopilot, etc), which has huge margins.
That's, in my humble view, the main reason why they managed to make a profit, despite the larger capex you have mentioned.
I'm not a Tesla fanboy but I have to admit that, besides the currently hyped stock price, I think it's a company that will do well in the long run.