webb14leafs said:lorenfb said:Dooglas said:Actually, I thought the big news was that Tesla is on track to deliver 100,000 model S and model X vehicles in 2017. That sounds to me that Tesla has figured out how to manufacture cars in substantial numbers. Now, two big questions remain. Can Tesla build 100s of thousands of model 3s at a profit, and can Tesla support (parts, warranty repairs, etc) a user base as it grows to many 100s of thousands of owners? We'll see.
Producing unprofitable vehicles at a 100K per year run rate hardly qualifies as a viable and long term
automotive company!
Are you stating that the current cash burn rate is 100K per produced car per year? If so, what numbers are you using?
No, re-read. It states that Tesla is now producing about 100K Model S & Model X per year and losing money.