Re:What can 6,000 electric vehicles tell us about EV battery...
by nickik on Saturday August 29, 2020 @02:18PM
(#24318212)
You only get 250k of tax credits, and both Tesla and GM have already used them. Ford still has some.
To make money with EV you need to produce way more then 250k of cars, so you can absolutely not relay tax credits to improve margins.
Also, Tesla is now competing successfully without tax credits against many companies who still have theirs. Tesla is actually making a pretty good 20% automotive margin, and that is with Model Y still being a small part of sales (and we know that Model Y has better margin).
To make money with EV you need to produce way more then 250k of cars, so you can absolutely not relay tax credits to improve margins.
Also, Tesla is now competing successfully without tax credits against many companies who still have theirs. Tesla is actually making a pretty good 20% automotive margin, and that is with Model Y still being a small part of sales (and we know that Model Y has better margin).