And this is also part of my larger point about Tesla's advantage over traditional automakers.
Tesla does not have dealerships and they don't have commissioned sales people.
All service and delivery centers are owned by Tesla. So they don't share the profits with anyone else. This is a huge advantage over the legacy autos.
When you have such a huge profit margin advantage you can always beat the competition on price. Tesla hasn't needed to lower prices yet, but they can always undercut the competition if it comes to that.
He calls himself a mathematician and physicist but is only majoring (allegedly) in those disciplines. I would bet $100,000 that he is neither of those and not pursuing degrees in them either. That is how liberals debate - when you are losing the debate engage in name-calling and insults. This guy and Flagpole are two peas in a pod.
Oh look even more evidence you have no idea what you're talking about lol...
Automakers don't own dealerships. Private owners do.
Automakers don't pay the wages of dealerships.
They don't have a huge profit margin advantage... Tesla lost money every single year from 2010 to 2019. 2020 was it's first profitable year ever and it barely made a profit.
2021 was it's best year ever and its profit margin was 10.25%
And this is also part of my larger point about Tesla's advantage over traditional automakers.
Tesla does not have dealerships and they don't have commissioned sales people.
All service and delivery centers are owned by Tesla. So they don't share the profits with anyone else. This is a huge advantage over the legacy autos.
When you have such a huge profit margin advantage you can always beat the competition on price. Tesla hasn't needed to lower prices yet, but they can always undercut the competition if it comes to that.
Oh look even more evidence you have no idea what you're talking about lol...
Automakers don't own dealerships. Private owners do.
Automakers don't pay the wages of dealerships.
They don't have a huge profit margin advantage... Tesla lost money every single year from 2010 to 2019. 2020 was it's first profitable year ever and it barely made a profit.
2021 was it's best year ever and its profit margin was 10.25%
Ford 7.3%
GMC 7.89%
Toyota 9.5%
Stellantis 11.8%
I never said the legacy automakers own dealerships. I said they have to share profits with dealerships. But Tesla does not sell through dealerships so they don't have to share the profits. Tesla has a huge advantage there because Tesla owns all their service and delivery centers.
Tesla is just getting started. The capital outlay for a new car company is huge, which is why it took many years to start showing a profit.
But Tesla sales and profits keep increasing quarter after quarter while the legacy autos continue to struggle. Again, Tesla's automotive gross margins are now three times more than the typical legacy automaker. That's why Tesla is valued higher than all the major automakers combined.
Oh look even more evidence you have no idea what you're talking about lol...
Automakers don't own dealerships. Private owners do.
Automakers don't pay the wages of dealerships.
They don't have a huge profit margin advantage... Tesla lost money every single year from 2010 to 2019. 2020 was it's first profitable year ever and it barely made a profit.
2021 was it's best year ever and its profit margin was 10.25%
Ford 7.3%
GMC 7.89%
Toyota 9.5%
Stellantis 11.8%
I never said the legacy automakers own dealerships. I said they have to share profits with dealerships. But Tesla does not sell through dealerships so they don't have to share the profits. Tesla has a huge advantage there because Tesla owns all their service and delivery centers.
Tesla is just getting started. The capital outlay for a new car company is huge, which is why it took many years to start showing a profit.
But Tesla sales and profits keep increasing quarter after quarter while the legacy autos continue to struggle. Again, Tesla's automotive gross margins are now three times more than the typical legacy automaker. That's why Tesla is valued higher than all the major automakers combined.
Every time you speak you make it obvious you have no idea how the world works... lol.
Now you've moved the goal post to gross margin...
Everyone who knows anything knows Tesla's stock is overvalued.
It is amazing that Biden is actually a worse President than the idiot peanut farmer Carter. Biden is pushing us straight into a recession, inflation going crazy, millions of illegals flooding in, blaming everyone but himself. What a pos. And all the idiots can do is double down on the failing policies. The only good news is that just like after Carter, we can get the idiot lefties out of power for a long time.
I never said the legacy automakers own dealerships. I said they have to share profits with dealerships. But Tesla does not sell through dealerships so they don't have to share the profits. Tesla has a huge advantage there because Tesla owns all their service and delivery centers.
Tesla is just getting started. The capital outlay for a new car company is huge, which is why it took many years to start showing a profit.
But Tesla sales and profits keep increasing quarter after quarter while the legacy autos continue to struggle. Again, Tesla's automotive gross margins are now three times more than the typical legacy automaker. That's why Tesla is valued higher than all the major automakers combined.
Every time you speak you make it obvious you have no idea how the world works... lol.
Now you've moved the goal post to gross margin...
Everyone who knows anything knows Tesla's stock is overvalued.
Really? If everyone KNOWS Tesla stock is overvalued then it would go a lot lower right away.
The stock market works by balancing supply and demand for shares. That's how the world works dude.
But if you KNOW Tesla is overvalued, why haven't you shorted the stock?
And I have never moved the goalposts. I've been talking about automotive gross margins the whole time and I think I've been pretty clear about that. For instance, my reply to you about Ford's earning said:
Look at profit margin from autos alone in Q4. Tesla was at 30.5%. Ford was at 4.7%. That's why Ford stock went down after they announced earnings.
And automotive gross margins is the important metric. Tesla makes a lot more profit on each car they sell. So as Tesla continues to expand with more factories and more output, their profits will continue to soar.
Legacy auto profits will suffer as they try to build new EV factories and attempt to fund them with dwindling gas car sales.
The LA Times writes today about the vast army of Twitter bots that fly into action whenever Tesla has some bad news and could use a little PR help. They've been doing this for the past decade: Over that period, Tesla lost an...
You don't know what the hell your talking about. Take the "L" here.
I know exactly what I'm talking about. These are not salespeople like you are used to seeing at a dealership. The title is "Sales Advisor", not salesperson. They never try to sell you anything. They only answer questions and facilitate deliveries after the sale. So they work in the sales division, but they aren't salesmen. All the selling is done online.
Oh just stop with your lame excuses. They have sales quotas. They have to make their numbers. They sell. Take the "L" and move on.
Um...YOU call yourself a mathematician but you are not one, so pretty odd that you went down that road there. Projection, eh?
That guy is wearing a wife-beater and claims to be a mathematician and physicist. If he is really a mathematician he could solve the Navier-stokes equations problem and win a $1 million. He needs a new wardrobe. I bet he is not even a student there.
And I have never moved the goalposts. I've been talking about automotive gross margins the whole time and I think I've been pretty clear about that. For instance, my reply to you about Ford's earning said:
Look at profit margin from autos alone in Q4. Tesla was at 30.5%. Ford was at 4.7%. That's why Ford stock went down after they announced earnings.
And automotive gross margins is the important metric. Tesla makes a lot more profit on each car they sell. So as Tesla continues to expand with more factories and more output, their profits will continue to soar.
Legacy auto profits will suffer as they try to build new EV factories and attempt to fund them with dwindling gas car sales.
Anyone can find articles with a bearish perspective for almost any stock.
But here is a list of actual Tesla analysts and their price targets. The median says the price target is $1499 over the next 12 months, which means that they expect Tesla shares to increase over 50%.
Even if you take out retail analysts, the institutional analysts still predict a higher stock price for Tesla.
Calculate the potential investment value of your Tesla shares, with price targets from the largest collection of TSLA analysts, institutional and retail! | When can you retire on Tesla stock?
I know exactly what I'm talking about. These are not salespeople like you are used to seeing at a dealership. The title is "Sales Advisor", not salesperson. They never try to sell you anything. They only answer questions and facilitate deliveries after the sale. So they work in the sales division, but they aren't salesmen. All the selling is done online.
Oh just stop with your lame excuses. They have sales quotas. They have to make their numbers. They sell. Take the "L" and move on.
They most certainly do not have sales quotas. They don't work on commission. They don't have quotas. And they don't try to sell you anything.
Every Tesla is sold online. When I ordered my two Teslas I never mentioned a sales person. Nobody gets credit for the sale.
Um...YOU call yourself a mathematician but you are not one, so pretty odd that you went down that road there. Projection, eh?
The guy said he just won the National Science Foundation Graduate Research fellowship to pursue advanced studies at any institution. But the guy is already a mathematician and physicist (chuckle, chuckle) and that award is only for graduate students. So, he is spewing lies.
The NSF GRFP recognizes and supports outstanding graduate students in NSF-supported STEM disciplines who are pursuing research-based master’s and doctoral degrees at accredited US institutions.
Anyone can find articles with a bearish perspective for almost any stock.
But here is a list of actual Tesla analysts and their price targets. The median says the price target is $1499 over the next 12 months, which means that they expect Tesla shares to increase over 50%.
Even if you take out retail analysts, the institutional analysts still predict a higher stock price for Tesla.