Quote:
Originally Posted by peter12
The Bugatti Veyron is a highly-specialized street car, intended far more as a technological/engineering demonstration than a mass-market car like the Model 3.
Which goes back to my skepticism regarding the hype. It has to make money or at least generate enough capital through pre-sales or projected sales to keep stockholders confidence high.
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With your investing knowledge, you must be killing it in the stock market.
The reality is that you have no idea what the cost of building this car is. You keep repeating a loss of $20,000/car as if to suggest the build cost is higher than the sale price, which is not the case. The health of Tesla as a company will ride on the success of the Model 3, and Musk has been very forthcoming about that all along, so who are you kidding here?
The new battery factory Tesla/Panasonic are just finishing will reduce battery costs by 30-50%. That means your 50kW Model 3 battery will cost ~$11,000. Given that the Model 3 has been engineered to cost less, I'm sure they can manage to build the rest for $24,000 or less.