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by xnx 2 days ago
True, but their margins only exist because of protectionist US laws (i.e. 100% tariff on Chinese competitors).
1 comments

What does that have to do with margins?
Not many people would pay $62K for a Tesla Model Y if they could get a BYD Sealion for $37K.
Do you know what 'margins' means?

And even in markets where BYD Sealion is sold - including China - Tesla Model Y outsells it!

Margins means exactly what the poster you are replying to implies: that in the US Tesla has high margins (the difference between cost of good sold and what you get for them) because tarrifs make Chinese brands uncompetitive.

And as Tesla's latest financials showed they are under margin pressure too, even with that: https://finance.yahoo.com/markets/stocks/articles/tesla-tsla...

> in markets where BYD Sealion is sold - including China - Tesla Model Y outsells it!

Sure, but that's because BYD (for example) has both the Atto 3 and the Sealion which overlap in market segment.