See what you think…
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See what you think…
For those that won’t click on a naked link…it’s “highlights” from the Telsa shareholder meeting
“Tesla Shareholder Meeting in 20 Minutes (Supercut)”
“Highest operating margin in the industry”. I don’t doubt it. But can it last?
Tesla is a niche luxury brand. We are a GM/VW/Honda/Mazda family.
Model Y starts at $66k. Can’t imagine I’ll ever feel the desire to spend that much money on a car.
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He is considering buybacks in the future… did you notice?
That is very interesting, IMHO.
He is considering buybacks in the future… did you notice?
Hmmm. I heard him say they will build 8 more factories and will have a capacity of 20 million cars a year by 2030. That’s going to cost quite a bit.
That would be about the same capacity as Toyota and VW, combined.
https://en.wikipedia.org/wiki/List_of_manufacturers_by_motor…
I suspect Toyota and VW don’t enjoy the same fat margins that Tesla does, currently.
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