Quote:
Originally Posted by afadeev
Tesla has always had positive gross profit margins, as reported in 10Q's.
Last quarter (ending 3/31/16), it was 22% positive.
For comparison, GM's was 12.8%, Ford's 17.9%, Diamler's 19.8%, BMW's 18.9%.
All of the above must be loosing money on cars sold, following your logic?
-------------
Really?
I though TSLA was a publicly (NASDAQ) listed and traded company, but do continue...
-------------
You think $400 Mil makes or brakes a $~30 Bil public company?
Really?
|
Have to look at the special accounting. Tesla needs to shave another 30% on battery manufacturing costs.
-------------
Yes it's public and uses "Crowd Sourcing" to raise cash without issuing more stock. It's a risky maneuver that the market sees and investors don't like.
-------------
Yes it can actually. Especially when these liabilities account for more than half of the cash/cash equivalents on hand, and still more significant capital injection is needed.