Reply to post: Not just building cars

Tesla share crash amid Republican bid to kill off electric car tax break

Steve Todd

Not just building cars

If you hadn’t noticed then they’ve been spending a lot of money building out the charger infrastructure, factories to mass produce battery packs (cutting their cost dramatically), plus the R&D to produce additional models and cut the entry level price. There has been a lot of capital investment, which is why their balance sheet it still red.

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