ktmrfs wrote:tesla's lifetime profit picture is even worse if one takes the time value of money into consideration.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.
