Comment on Things at Tesla are worse than they appear
Entertainmeonly@lemmy.blahaj.zone 4 weeks ago
This is a big fact almost no one speaks of. Tesla has only ever been profitable by manipulating the carbon footprint regulations and selling Ford and GMC carbon credits. Not a single tesla vehicle has ever been profitable as an actual vehicle. You know, the product they claim to be selling. The real product is pollution hiding. Not not correcting, not fixing, not even slowing pollution. No, its a shell game. Tesla is making money by shifting the bkame of pollution for profit. Oh, they build vehicles also.
Not a single tesla vehicle has ever been profitable as an actual vehicle.
This honestly couldn’t be further from the truth.
Tesla’s vehicles once ramped have always been extremely profitable (except probably the CyberTruck)
Any losses you see are due to their aggressive growth involving capital expenditures and research and development. It’s not that the vehicle isn’t profitable.
You have just argued against the article itself. Should we believe you?
The article doesn’t say they’ve never made a profit on any of their cars. If that’s what you got from that, you should try reading it again.
Also, if you make 1 billion in profit on something, and then spend 2 billion researching and developing and setting up a factory to build a new product you end up with a loss of 1 billion. That does not mean your first thing is unprofitable. This is pretty basic stuff.
Ah, so the actual reason for the loss is that they can’t expand capacity without squandering vast amounts of money. That’s much better.
A thing would need to officially be a flop to be considered squandered like the Cybertruck is looking like.
They might have a few failures ahead of them yet though.
the only reason anyone has bought a cybertruck for a business is because incentives for heavy vehicles make it possible to almost entirely write them off on taxes
percent@infosec.pub 4 weeks ago
Where can I learn more about this stuff?
kerntucky@infosec.pub 4 weeks ago
AtariDump@lemmy.world 4 weeks ago
Not from a Jedi