Quote:
Originally Posted by HotHotHeat
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 are. You keep repeating $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.
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The cost of the car is subsidized through the sale of green energy credits by $20,000. That is public knowledge now. I'm not sure why this is so hard for you to understand.
But you are sure that they can manage to build the rest of the car for $24,000, notwithstanding all of the problems highlighted above. You must be killing it on the stock market.