Re:Twitter has officially changed its logo to ‘X’
by cmrdporcupine on Monday July 24, 2023 @09:42AM
(#36847850)
Well yes that's my point. In the long run it worked out for them... but only after years of intense non-profitable investment that would not have happened in a more conservative investment climate where higher interest rates prevailed.
There would have been other places for investors to stick their money.
Re:Twitter has officially changed its logo to ‘X’
by martin8412 on Monday July 24, 2023 @10:38AM
(#36848774)
They're not comparable numbers. Tesla doesn't count profit per car the same way as the rest of the industry.
Re:Twitter has officially changed its logo to ‘X’
by flavius29663 on Monday July 24, 2023 @12:12PM
(#36850290)
care to explain yourself? All I could find was this article, lamenting that car dealerships take up too much profit for everyone else other than Tesla.
https://seekingalpha.com/article/4573601-tesla-gross-margins...
I don't see how that negates everything I said. Tesla can and does ship directly to buyers, so kudos to them.
Currently, Tesla makes each car with a profit of almost 10k USD. That is insane compared to competitors, VW is at 973USD. https://www.visualcapitalist.com/charted-teslas-unrivaled-pr...
It was really bad in the beginning, but now it's stellar, second only to Ferrari and other luxury cars. I don't like the guy, but this is not just luck.