Submitted by Brook030 t3_z42stm in technology
llIicit t1_ixp77th wrote
Reply to comment by 1015267 in Ford recalls 634,000 vehicles worldwide over fire risks by Brook030
It took Tesla 17 years before they turned a profit. To this day they still lose money on every car they sell.
The only reason the are profitable is because they sell emissions credits. But once other manufacturers (like ford) figure out how to make EV’s like they do ICE’s, they will probably be back to where they were before.
Edit: they blocked me lmao
1015267 t1_ixp7u1h wrote
Lol suure bud.
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Tesla has been turning massive profits for multiple years
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that’s already a moved goal post. The last decade has been “just wait until legacy manufacturers enter the market”. But they can’t even turn a profit on EVs. Let’s also just go ahead and ignore that Tesla is one of the primary reasons battery prices have even been driven low enough for the legacy manufacturers to enter the market.
I’m done arguing with you since you don’t even posses a basic grasp of the EV market
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