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pascalxus
814 days ago
there's enough competition in the EV sector for margins to remain fairly low. o saw a chart once. Tesla is the only one with big margins, i remember.
1 comments
reducesuffering
814 days ago
Margins aren't just low, many times they're negative! Rivian is
losing
something like 30% of the sales price each car. Tesla's margins used to be some of the best in the entire auto industry at like 25%, but are slimming down to 17% now.
link