Quote:
Originally Posted by KRS_SN
so they sold regulatory credits and bitcoin while other automakers made their profits from selling cars I'll post this again.
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Quote:
Originally Posted by Busa Dave
As the rest of the industry gets established in the EV world will it not be pretty for the tick symbol T. Only time will tell.
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(1.) Tesla's regulatory credit revenue is GOING UP
This is your key sign that not only is the rest of the industry NOT getting established, they're going backwards, thus they have to pay Tesla for regulatory credits because their BEVs aren't selling (or don't exist). (e.g., Tesla sells every BEV it can make; VW sells 1.5 production days/month of BEVs)
(2.) Tesla doesn't just sell cars
But, for now, let's ignore the $1.4B in non-auto revenue and think about just automotive revenue for a sec:
• Ford, as an example, earns revenue primarily from sales to dealerships.
• Tesla is the automaker, the dealership, the service center, the gas station, the parts suppliers, the software vendor, and the insurance company. This means Tesla is truly vertical: they own the customer relationship and they control all their manufacturing, and especially important, they make their own batteries with their own patented tech. Tesla is one of the few companies on the planet set up to be a trillion $ company. But, if China crushes them, they won't be.
Anyway, I'll post this again with some revenue highlights for scale:
