You may be right.lorenfb wrote:powersurge wrote:First, I do not think that the Tesla 3 will ever be produced... The company could not afford to produce it.
Not many profitably at less than $50K, and profitability even at that price is questionable! The company already
continually loses money selling both the MS & MX at over $90K. The M3 will cannibalize sales of the MS and
increase Tesla losses. Tesla's cost structure is much greater than GM's with the Bolt, with battery costs not that
different. So with the Bolt selling near break-even at around $35K, the M3 will be a loss-leader for Tesla.
You should grant the possibility that those leading the company who are intimately familiar with its costs and projections and the car market and hold a different view may also be right.
For the consumer this is not necessarily bad. I love buying things when the company is losing money on them.