Tesla Needs Lower Margins To Capitalize On Long-Term EV Growth

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As I noted in the comments, the claim in this article:

' Tesla's 2020 outlook of 500,000 vehicles produced is 36.05% higher than 2019's actual deliveries, continuing Tesla's rapid production growth and similarly delivered vehicles. Focusing solely on auto sales (ignoring energy generation and storage for the moment), Tesla has reported $20,821 million in revenue costing $16,398 million. In comparison to Ford and GM, Tesla's revenues are fractional of the two, yet margins are significantly higher.'

Is grossly erroneous, as the figures for Tesla's gross margins are calculated on an entirely different and more favourable basis than those for Ford and GM, notably not deducting R & D.

My comment and those of others noting the same thing have been removed.

Why have the editors allowed this article through, and why are comments noting it is false being deleted?

The article needs to be withdrawn.

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David M. Gordon

I would be curious to read the original article post to which you comment. Would you please share a link? Thank you.