by lorenfb (Posted Mon, 03 Jul 2017 10:32:46 GMT+7)
And then Tesla can begin to lose more money, i.e. the gross profit (GP) for the Model 3 will be much much less
than the combined Model S & X GP. Since the GP of the Model 3 at its proposed low-end price ($35K) is marginal
at best, it becomes questionable at what Model 3 sales volume will result in a GAAP profitability for Tesla and will
Tesla ever achieve it.
scottf200 wrote:Elon Musk tweets July 3, 2017
* Model 3 passed all regulatory requirements for production two weeks ahead of schedule. Expecting to complete SN1 on Friday
* Looks like we can reach 20,000 Model 3 cars per month in Dec
* Handover party for first 30 customer Model 3s on the 28th! Production grows exponentially, so Aug should be 100 cars and Sept above 1500.
And then Tesla can begin to lose more money, i.e. the gross profit (GP) for the Model 3 will be much much less
than the combined Model S & X GP. Since the GP of the Model 3 at its proposed low-end price ($35K) is marginal
at best, it becomes questionable at what Model 3 sales volume will result in a GAAP profitability for Tesla and will
Tesla ever achieve it.