Elon Musk’s Space Dream Almost Killed Tesla

Re:Elon Musk’s Space Dream Almost Killed Tesla by vvanders on Thursday May 14, 2015 @05:47PM (#9547782)

Only a very small part of income car is based on ZEV credits and if those were to go away they'd still have a ~20% profit margin which is well above most traditional auto companies. Their negative income has to do with the rapid expansion they are doing right now.

There always seems to be this ZOMG government bailout around Tesla when that's not really the case when you look at the entire picture.

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Re:Elon Musk’s Space Dream Almost Killed Tesla by Enzolangellotti on Thursday May 14, 2015 @06:27PM (#9547942)

They have a 22.6% GAAP gross margin excluding ZEV credits, BUT unlike every other car manufacturer Tesla doesn't account for R&D and engineering expenses as a fraction of COGS (that's why Elon can claim they are up there with Porsche and Audi, but that's a blatant lie). Just examine their 10-K. Sometimes Tesla can be so opaque and impervious to questioning.

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