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      01-25-2023, 11:00 AM   #548
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Quote:
Originally Posted by ASAP View Post
Interesting - I am looking at the entire P&L reported 9/30/22.

Look at GP over Total Revenue as a %... it comes out to 25%. Perhaps this includes ALL business inclusive of the solar / electric unit etc... which would be surprising given that I would expect that to be the more profitable part of the business.

Either way, either Teslas are quite cheap to build OR far too expensive... seems like this was an easy move on Elon's part.
Something is not expensive if people are seeing the value and paying for it.

It’s likely the former. Cheap to build. Which shows in the quality of the product, as the price point is similar to luxury cars without being so.
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