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      03-03-2018, 11:16 PM   #373
Bingobimmer
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Quote:
Originally Posted by Obioban View Post
Tesla isn't just currently creating cars-- they're building the entire infrastructure to support EV production (namely batteries). Once that's up and running, their position should be quite strong-- supplying batteries to most of their competitions, homes, etc.

They're basically creating a new industry on the back of model S profits and investors. So, yeah, shouldn't be too surprising that they're not currently profitable. Once this phase is complete, they'll be in a very different profit situation-- which is why people are investing in them.

Nor should it be surprising to anyone with the most basic understanding of supply and demand that sales go down as the tax incentives go away.
This. I think in 10 years they will produce one supercar and sell batteries to others.
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