To: snoringbear
And, Tesla has yet to show a profit hence the $54B market cap is built upon speculation, investors are playing the come cause it’s sexy.
...
Tesla did show a profit for one quarter, and if they hadn’t invested heavily in Model 3 production capacity they would be showing a profit today. Tesla cars have a higher margin than any other electric car.
87 posted on
07/22/2018 9:00:26 AM PDT by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Moonman62
“Tesla did show a profit for one quarter, and if they hadn’t invested heavily in Model 3 production capacity they would be showing a profit today. Tesla cars have a higher margin than any other electric car.” Actually Tesla needs the 3 so to have economy of scale to be profitable. Without it Tesla has no hope of being profitable. But, I know when I’m debating with a believer. So, do as you will. Idea; dump all of your 401K into Tesla stock, if you have any 😉....
106 posted on
07/22/2018 2:00:07 PM PDT by
snoringbear
(W,E.oGovernment is the Pimp,)
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