They still sold 330,000 cars even with all the drops and model y changeover on a quarter that’s always the weakest in the year.
It would have to get much much much worse to make them not profitable on the cars, and not be able to sustain the difference from their energy business.
Maybe sales under 1 million for the whole year for something like no profit? But maybe not even then?
Edit: in 2017 The model 3 ramp was profitable at 5k a week in Fremont, and the car is cheaper to make today.
I’d like to see the stock devalue to normal levels, taking most of Elon’s wealth with it, the board deciding that Musk is a major detriment to the company and fire him as CEO and then get back to their core business of making cars without the regular injections of Musk insanity.
They still sold 330,000 cars even with all the drops and model y changeover on a quarter that’s always the weakest in the year.
It would have to get much much much worse to make them not profitable on the cars, and not be able to sustain the difference from their energy business.
Maybe sales under 1 million for the whole year for something like no profit? But maybe not even then?
Edit: in 2017 The model 3 ramp was profitable at 5k a week in Fremont, and the car is cheaper to make today.
I guess we still have a lot of work to do then 🤭
I’d like to see the stock devalue to normal levels, taking most of Elon’s wealth with it, the board deciding that Musk is a major detriment to the company and fire him as CEO and then get back to their core business of making cars without the regular injections of Musk insanity.