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by heisenbergs 2828 days ago
Gross margins for model S and X are 25%+. The model 3 is supposedly profitable, at the scale that they have now achieved. Tesla's big spend is on R&D on new product lines, and ramping up production. In other words: their core business has long been cash flow positive. It's the growth that is requiring all the cash and creating short term losses.
1 comments

I mean look at Amazon. They are basically on their last legs after doing the same idea. /s