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Tesla's Profits Are Not From Selling Cars


balthazar

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These established OEMs are projecting/hoping/pleading with a disinterested public to buy an EV that is based on one single chassis, whether it's an "affordable" $40k "Chevrolet", a $125k "Hummer" or a $200k "Cadillac", that is where the "profit" will come from.  But there is no "profit" when the customers don't buy what is being sold.

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20 hours ago, balthazar said:

Well, they've only just started to post some sporadic 'profits', but more to the point; it may be a very prudent case study to other OEMs looking to go all BE. It certainly would be fascinating to get a peek at internal business case projections from a major OEM.

I'm referring to cash-flow specifically, but yes.  They've survived on selling these credits for a while.  But at the same time, Elon needs to know that as GM and FCA-Stellantis start moving to more BEVs, that source of funds is going to dry up and Telsa better be able to stand on its own. 

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