Quote:
Originally Posted by ZBB
Tesla has sold a bit over 130k Model S based on the latest VINs I've seen --and first deliveries were in June 2012. There are probably a couple thousand Model X delivered now, and they only built a total of 2500 Roadsters.
Current production rate is about 100k per year -- but they've been ramping up to that for years. The Fremont factory has capacity for 500k per year -- and Model 3 will help them get there.
Also, they did turn a profit. For one quarter in 2013. Their losses mostly come down to product development and capacity expansion. They are in growth mode, not profit mode...
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Perhaps, but the segment, especially in the 30-40k range is about to become very competitive - the new Bolt and a redesigned Leaf will be vying for consumers, and benefitting from the resources of large companies, where losses on particular models (up to $4K on Teslas??) can be absorbed.
I'm just wondering how long a small company can stay in "growth mode".