Comment by justapassenger

16 hours ago

> Tesla has solved the problem of unit profitably manufacturing EVs. Outside America and other petrostates, these are broadly accepted to be the future of transportation. (It’s getting its ass kicked by BYD, which didn’t distract itself with a Cybertruck or what increasingly looks like an Optimus follow-on. But being the only American challenger in a new economy is not worthless.)

They solved it by borrowing from the future and gutting their R&D. That's the main cost in the car industry and Tesla basically just stopped developing new models many years ago, to the point that they struggle with a simple refresh.

> Tesla’s also lead by a man who has consistently made money for his investors. Even when bets are bad, e.g. Twitter, he’s financially engineered an outcome that ensured, at the very least, nobody who backed him lost money.

That man also walks a very thin line between engineering outcomes and fraud, let's not forget that.

> solved it by borrowing from the future and gutting their R&D

Not relevant to unit profitability. Tesla’s American competitors can’t turn a profit on each car production-wise.

> man also walks a very thin line between engineering outcomes and fraud

Sure. But the point is to the degree investors were misled, they were made whole and then some. That’s why they keep backing him. He’s done well by them, regardless of the methods.

  • > Not relevant to unit profitability. Tesla’s American competitors can’t turn a profit on each car production-wise.

    To quote a great commenter here, you can "engineer that outcome". While there are rules, details are mushy and as a result companies can fairly freely decide what do you include in cost per unit.

    • > While there are rules, details are mushy

      Is there anyone credibly claiming that Tesla loses--or has always lost--money on every car it made? (I'm including the proviso in case they fucked up their production in the last year, which I both wouldn't be surprised by and haven't looked into.)