I think both sides are correct here. Tesla has positive margin on each car (about 30%), but overall isn't making a profit.
http://ycharts.com/companies/TSLA/gross_profit_margin Mike On November 12, 2014 11:58:41 AM MST, Chris Tromley via EV <[email protected]> wrote: >That's an important point. Growth is spectacularly cash-hungry, and >Tesla >is growing at a pretty good clip. For years. Many young businesses >would >have folded long ago. Tesla is now planning a how-many-billion-dollar >gigafactory? > >These guys just don't know how to play by the rules. > >Chris >On Nov 12, 2014 12:40 PM, "Ben Goren via EV" <[email protected]> wrote: > >> On Nov 12, 2014, at 9:04 AM, Lee Hart via EV <[email protected]> >wrote: >> >> > Tesla isn't profitable (yet). >> >> Not to go all "citation needed," on you, but do you have any details >on >> that? It's my understanding that they're bringing in more money than >> they're spending, but that they still have startup debts to pay off. >> They're also spending on capital to expand capacity. If that's the >case, >> "the man on the street" may well describe them as profitable even >though an >> accountant or banker might not. But that same lack of profit would >> similarly apply to everybody with an outstanding mortgage balance.... >> >> And, again, I don't have their financial figures at hand or even >> necessarily know what I'd do with them if you gave them to me. >> >> Cheers, >> >> b& >> _______________________________________________ >> 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) >> >> >-------------- next part -------------- >An HTML attachment was scrubbed... >URL: ><http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20141112/d626b4e0/attachment.htm> >_______________________________________________ >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)
