Reply to post: Re: Musk - the new Jobs

Tesla books over $8bn in overnight sales claims Elon Musk

Geoff Campbell

Re: Musk - the new Jobs

> Tesla is losing about $1B per year

Tesla have spent vast wodges of cash on building infrastructure recently, mostly the Fremont and Nevada factories. As all young companies with any sense do.

They are going into the approaching fight with a massive advantage, in that they can build their own battery packs, because of that expenditure. This will make the profits per car very different to that of their competitors.

GJC

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