Re:Bezos donates $100M each to CNN contributor Van Jones and...
by viraptor on Wednesday July 21, 2021 @05:52PM
(#27912669)
Tesla's plan from the start was: luxury cars now to fund cheaper mass production later.
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Re:Bezos donates $100M each to CNN contributor Van Jones and...
by jeffbee on Wednesday July 21, 2021 @06:17PM
(#27912890)
That doesn't stand scrutiny of the facts. Tesla lost money on every Model S.
Re:Bezos donates $100M each to CNN contributor Van Jones and...
by viraptor on Wednesday July 21, 2021 @07:14PM
(#27913348)
https://www.tesla.com/blog/secret-tesla-motors-master-plan-j...
> In keeping with a fast growing technology company, all free cash flow is plowed back into R&D to drive down the costs and bring the follow on products to market as fast as possible. When someone buys the Tesla Roadster sports car, they are actually helping pay for development of the low cost family car.
Not only was that the plan in 2006, you'd expect them to lose a bit of money as long as they have available funds, in order to get to mass production faster.