Quote:
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Originally Posted by frankchn
Quote:
Originally Posted by dimabimmer
Every Tesla sold today, is sold at a loss to the company.
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Tesla as a company is losing money because of its R&D / general spending, but on a unit basis (i.e. revenue from each car sold - cost of building the car), each Tesla sold is profitable.
You can see that by looking at their latest financial statements -- there is positive gross profit but a negative net income. |
Good info, thank you.
Here is the interview, Tesla mentioned on minute 29'30"