At least once a week the Financial Times has been roasting Tesla/Elon too.
This is not a conspiracy. It's basic math and accounting.
https://ftalphaville.ft.com/2018/09/07/1536327657000/If-it-h...
At least once a week the Financial Times has been roasting Tesla/Elon too.
This is not a conspiracy. It's basic math and accounting.
https://ftalphaville.ft.com/2018/09/07/1536327657000/If-it-h...
Here's some for you: https://www.quora.com/Is-Tesla-losing-money-on-each-Model-3-...
But really what you're implying is, when Fremont is a closer to full produciton, each Model 3 will net a loss. Best engineers say no. https://www.cnet.com/roadshow/news/2018-tesla-model-3-munro-...
Even Tesla's public financials show they lost more money, when they made less model 3s.
Embedded inside that assumption are a lot of assumptions about ramps in production with consistent quality and finish, and lack of EV competition.
I personally disagree that Tesla can maintain production and quality at these levels without needing more financing, but the verdict is definitely not in yet.
Now you want to talk about demand? OK.
- Tesla is mentioned in multiple current top rap songs.
- Elon has the most viewed episode of the most viewed podcast.
- Tesla is working on a rocket powered car.
- Teslas are featured in major TV shows and movies.
- $45k auto loan is within range of your average middle class budget.
You think that wont translate to sales? We'll see.
https://www.cnbc.com/2018/09/18/tesla-stock-drops-after-comp...