Quote:
Originally Posted by yousefnjr
I'm not sure that business model makes a lot of sense for Tesla. The company is just barely profitable today because of heavy government subsidies, even with the high sticker price of the Model S. A cheaper model with even smaller profit margins isn't likely to help their bottom line, at least until the tech becomes more affordable to produce. It's a good thing they have Uncle Sam and a crazy billionaire on their side  |
Simply not true. The company is amazingly profitable.