Has anybody noticed how increasingly desperate Elon Musk is sounding? He fully acknowledges $4.9 BILLION in government funding and subsidies, but doesn't appear to have much to show for it except high-priced (subsidized) sports cars, an underperforming battery and a few stabs at space flight.
Elon Musk: - LA Times
Emphasis mine.
So let me get this straight. Tesla would be profitable if it sold cheaper cars? Right.....
Elon Musk: - LA Times
Quote:
"What is remarkable about my companies is that they have been successful despite having such a tiny incentive from the government relative to our competitors," Musk told The Times. |
Quote:
"Tesla could be profitable right now if we went into low-growth mode and we just served premium buyers," he said. "The reason we are not profitable is because we are making massive investments to create an affordable long-range electric car." Tesla's only current car, the Model S sport sedan, typically sells for about $100,000. |
via ehMac.ca http://ift.tt/1KLKmAp
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