Quote:
Originally Posted by dimabimmer
Every Tesla sold today is sold at a loss to the company.
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That was their plan all along. They have enough funding runway to get them to the Model 3 and beyond. Perhaps you should read Venture Capital 101. They have massive and I mean massive R&D spend for the new Model 3 and Gigafactory ramp up, which is why they are reporting loss after loss every quarter.
Once they have the Gigafactory and can make batteries MUCH cheaper than anyone else...well GG to all the other automakers. Once Model 3 production is is in full swing...probably around 2020/2021, they will have two trump cards: Gigafactory + Supercharger. That is something no other manufacturer can match.
But hopefully BMW gives a fitting response in 2021, which is probably when Tesla will fully ramp up Model 3 production/fix all production issues.
Besides do you want to bet against a guy that can launch/land rockets much cheaper than anyone else and is turning the Space industry upside down?