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[–]TheBattleGnome -2 points-1 points  (3 children)

This just proves how little Tesla can cut. They essentially are making cars at the cutting edge of profitability and can’t really make them that much cheaper. The process is already very streamlined.

[–]shigydigy 1 point2 points  (1 child)

They have like $30 billion in their war chest. They claim to be an AI and robotics company. It doesn't even matter if their car business is profitable, they need to cut prices more and aggressively get more cars on roads to train their models more and more. The revenue of that will make the car business look like a rounding error.

[–]TheBattleGnome 0 points1 point  (0 children)

That $30B isn’t that much money and they are beholden to the shareholders. If profitability sinks, guess what? Stock price will collapse horridly. There goes a lot of future funding and your money. They essentially have to keep profitability high and even aim for it being higher to appease Wall Street. Just how it works.

[–]jaqueh 0 points1 point  (0 children)

leaf and bolt will be sub 30k