Re:Tesla Q3 2021 Earnings
by kaesar14 on Wednesday October 20, 2021 @05:12PM
(#28936694)
Ok, so what margin do you see justifying their valuation? 10%? 15%? The margins of a company like Microsoft who makes their money on software (30%)? Even if you used that last figure, they'd more than 80x over valuation on current earnings. This is a car company. There are fundamental limits on how much money you can make.
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Didn't they say their operating margin is 14.7% and automotive is indeed close to 30?
Those include massive subsidies by the government.
Wasn’t the non-subsidy margin only like 5% less?