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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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<blockquote data-quote="wilberforce15" data-source="post: 5402841" data-attributes="member: 5053"><p>Well, yes, when a company is doubling production every year, faster than anyone in history has been able to ramp production, and they can still sell everything at a 35% margin?</p><p></p><p>Yes, that's superiority. </p><p></p><p>Automotive companies are laden with debt and make under 10% margins. ALL of them. </p><p></p><p>But Tesla is low debt with 35% margins. That's why it's worth a trillion bucks.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 5402841, member: 5053"] Well, yes, when a company is doubling production every year, faster than anyone in history has been able to ramp production, and they can still sell everything at a 35% margin? Yes, that's superiority. Automotive companies are laden with debt and make under 10% margins. ALL of them. But Tesla is low debt with 35% margins. That's why it's worth a trillion bucks. [/QUOTE]
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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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