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Tesla Motors, Inc. Message Board

  • iamagod991 iamagod991 May 29, 2013 5:51 PM Flag


    beautiful piece from business insider(under news section)...LMAO this guy destroy's TSLA.

    Here's my favorite part of it

    On the cost side, people are willing to ignore that as long as the demand appears to be there. Costs of their businesses are also extremely problematic. If you take out the zero emission vehicles (ZEV) credits they've never made a profit, and in the most recent quarter they got $68 million from these credits. You back that out and they've got a massive loss again. They've already said they have to wean themselves off these credits and that their ability to sell them is going to diminish relatively quickly. At least what they're saying is that they don't expect much of any by the end of the year. That they believe they can make a 25% gross margin just doesn't add up. ...Their ability to stick to that number, at such low volumes, is very unlikely.

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