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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Ferrari gross margins are just over 49% and have hovered around 50% for the past 5 years. I would expect Porsche to be similar, or better. To be fair, that shouldn't be a surprise based on the higher price points.
Tesla's numbers are phenomenal at their price point. Another contributing factor is the lack of dealerships; Tesla mostly sells direct and therefore doesn't have to leave any profit for their dealers.