It is a matter of defining the business case, is it limited to the profit of selling cars (often unprofitable) or is it the whole pie: services, maintenance, profit from credits and so on. If the books are positive at the end of the year, do you really care where that came from as long as it is sustainable and legal?
Cor van de Water Chief Scientist Proxim Wireless Corporation http://www.proxim.com Email: [email protected] Private: http://www.cvandewater.info Skype: cor_van_de_water Tel: +1 408 383 7626 -----Original Message----- From: EV [mailto:[email protected]] On Behalf Of Mark Abramowitz via EV Sent: Wednesday, November 12, 2014 11:50 AM To: Lee Hart; Electric Vehicle Discussion List Subject: Re: [EVDL] EVLN: Mercedes Sez There's No Money In Selling EVs On Nov 12, 2014, at 8:04 AM, Lee Hart via EV <[email protected]> wrote: > > Tesla isn't profitable (yet). Not correct. They've shown positive earnings the last 2 quarters, which makes what they've done quite extraordinary in such a short period of time. You might argue that the cars themselves are not profitable yet if the numbers show that they would have lost money had it not been been for selling credits, but I haven't looked at the data, and would argue that it's a nitpic. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA) _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
