I don’t see this as a major roadblock. Someone on here mentioned Hong Kong, but I think it’s an apples to oranges comparison. A tesla, even the 3, is still very much a luxury product in the US, and the people buying it can afford the $46K. Meanwhile, battery prices will continue to drop and their profit margins will…

I always thought that was a nice looking Mustang.

What now? Simple, keep doing what they are doing. Work on improving quality as well as efficiency. Try to improve on what theyve done right thus far and keep moving forward. Not surprised they have finally made a profit, they just need to prove they can continue to in order to prove their long term viability. Will be…

crossovers are killing sedans, so IMO you will absolutely be right. But then, EV buyers are a different breed so who knows ....

My money is on a Chinese company only changing the grill, stuffing the best motor they can get in it, and calling it the Vanish.

I wonder if the MM winner in SC is an Aston fanboy? ‘Cause that’s the kind of crazy shit I’d pull with 1.6B and lots of free time.

Is it too late to change my answer to the “what car would you buy with lotto winnings question?

I’d argue that a more affordable model is not the “whole point” — the stated mission of Tesla is to “accelerate the transition to renewable energy” (paraphrase). Building an affordable car is a tactical step toward that goal, and having a healthy margin on a popular product while you’re hemorrhaging cash is a move…

I mean, do you think that more expensive, luxury-car priced EV’s are going to have limitless demand? There’s a huge market out there for a truly affordable EV (that also has some performance, style, and without silly functional compromises). Lots of people, like myself, are still waiting for an affordable EV to buy…

Why can’t they refinance?  Are lenders now going to suddenly turn their back on a company that just turned a net profit and showed they are cash flow positive when they were willing to back it when it was negative on both fronts?  Interest rates on refinancing are likely to be higher, but that’s not an issue specific…

“Tesla made a profit, so what now?”

Ryan,

Yeah, the company, while finally producing well, is still production constrained. A move to 35k would increase demand, they couldn’t fill and/or would fill only to their own detriment—e.g., eating into otherwise profitable margin.

From Tesla’s Latest 10K

price/mix/volume. that’s why. 

the short answer would be... “do it again”

“Not intentionally holding back the Model 3 at $35k”??!?! Didn’t Musk say at some point in the past year that it was delayed purposefully because they wouldn’t make money on it? (And isn’t this the kind of thing a blogger/journalist should include when claims like this are made?)

This guy is an idiot on some many levels.

I don’t care about Tesla per se, but they have proven by hook and by crook that electric cars can be affordable, practical, desirable and most of all, profitable.

Your writing style makes me dizzy.