Quote:
Originally Posted by Street Pharmacist
Is there another car manufacturer that makes as much per car as Tesla?
I'm no expert in the automotive economics area, but the margins seem insane to me. Gross margins for a vehicle of 27.9% this quarter seems positively insane, especially in light of the commodity price explosions for raw materials
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Another EV manufacturer would be a fairer comparison.
And no, I doubt there is one.
But Tesla has as big manufacturing head start, and has a higher price point. As more competition comes along, I'd imagine their margins will drop. No?