Those are Speed Grooves, they make the car go faster.
Those are Speed Grooves, they make the car go faster.
It’s not puzzling at all, Tesla could have reported a profit at any time for quite some time (They’ve been reinvesting everything and more into rapid growth). Even more so now that the Model 3 hit gross margin positive in Q2 already.
Deposits are not counted as income.
Well, they are also building a more stationary batteries and solar too:
But tweeets! Musk tweeted! That must be worth like -10 trillion dollars of revenue loss!
The Musk haters have been mudslinging for so long they can’t do basic math.
They spent a shitload of money building out the ability to mass manufacture Model 3s. Now they are manufacturing a shitload of Model 3s at 20%+ profit per unit. Their investments are paying off. It is pretty simple.
and now we finally have a ball park value on how much Tesla is making off the average vehicle, 20% profit on average when the average Model 3 sells for $55K. meaning that the new $46K model (if the cost of production is the same) is earning $2K at worst.
When I first glanced at the cover photo I thought Tesla was adding hood strakes like the Chrysler Crossfire.
No. TSLA is still cash strapped, with a lot of capital expenditure looming in the future. They view reinvestment in expansion as a better use of the money than dividend payout.
Holy shit... It actually made a profit?
Oh wow. I was not expecting Marion Barry to rocket in to this conversation.
“Bridge set me up!”
Looking at that, the signs are small and easy to ignore. One of them’s even covered by ivy. Not only that, but the maps say the roads around there make it difficult for such a large truck to turn around and take an alternate route. Ironically they need to put more effort into stopping people being lazy so this doesn’t…
If you scratch off “Freelander” underneath you’ll find “escape”
Depreciation is a bitch dude.
Well, there’s your problem--mixing English and metric measurements on the same sign. Poor driver was trying to math.
Twas the bridge’s fault for not wearing a high-visibility vest.
He failed to read 4 height signs including one that specifically said “low bridge”. You had one job sir.
Your order has been delayed due to environmental factors in your region..