ktmrfs wrote:
Reisender wrote:
ktmrfs wrote:
free radical wrote:
Durb wrote:
Just out: Ford projects it will lose 3 billion dollars on its electrical vehicle production in 2023.
Margins on Rivian's products are at negative sixty-two percent.
It has been three years since Tesla teased their Cybertruck - no trucks yet. Word is market viability is a large concern.
Those that tow may be forced into EVs by a certain date in certain states. However, there may not be anyone manufacturing product for them to buy. Companies cannot eat losses like these and remain viable. .
Yet Tesla makes bilions on their EVs.
Ford just doesnt have the know how to build at profit,why is that?
Check Munro live chanel for answers
Cybrtrk is delayed bc of batery shortage.
1) It took tesla 10 years before they turned a profit. And it's not clear to me if one looks at Teslas net lossed during startup and net profits if the number is yet positive.
2) Ford and other mfg have developed Mfg lines to support volume production, until they hit those volumes profit suffers, not unusual just like early tesla
3) I big part of Tesla profits in the past wasn't from selling cars but from selling the energy credits for the cars to other companies. Even in 2022 Carbon credits were 20% of Tesla profits.
Interesting. So why don’t other companies sell those credits?
companies that HAVE carbon credits sell them to companies that NEED carbon credits to offset carbon emissions. Tesla gets the credits based on the EV's they sell..... and those more than offset the carbon emissions so they have a net positive carbon credit they can sell.
Companies that run solar arrays sell carbon credits, etc.
Ah ok. Wondered how that works. So why don’t other car companies make EV’s and sell credits? Sounds like it’s a profitable business.
