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by AnthonyMouse
2290 days ago
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> Tesla's 10-K shows an accumulated shareholder deficit of $6B. That's over and above money spent to buy factories which are still operating. That's $6k a car at 1M cars sold. The money was spent on things like R&D and product development. That means you amortize it over the total number of cars they're ever going to make using that technology. They've made 1M already, but why would you expect them not to make any more? Some of that money went into developing models that haven't been released yet. If you break it down per model using existing sales numbers then those models would have cost infinity dollars per car, but that's now how it works. |
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