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A comment on 20k federal workers take "buyout" so far, official says. Parent comment

Re:20k federal workers take "buyout" so far, official says by rstuart4133 on Thursday February 06, 2025 @03:27AM (#42960287)
Tesla was very profitable. Gross Margin is 14% now of revenue now. 1/4 of their their $8B profit is emissions credits. That's not shabby and they have lowish debt ($20B).

But it isn't what I'd call insane. Google's gross margin is 58%, profit is $349B.

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Re:20k federal workers take "buyout" so far, official says by adastra22 on Thursday February 06, 2025 @03:47AM (#42960406)
I'm not sure why you're comparing the gross margin of a car company to an internet company. General Motors has a gross margin of 10%. Ford's is 7%. Historically Tesla's was ~25%, but yeah it's fallen a bit since I last looked.
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Re:20k federal workers take "buyout" so far, official says by rstuart4133 on Thursday February 06, 2025 @03:58PM (#42966429)
> I'm not sure why you're comparing the gross margin of a car company to an internet company.

Because the benchmark set was "insane". I agree no car company gets insane profitability levels. Tesla was never insanely profitable by most metrics.

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