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Do you agree that Electric Cars will be obsolete?

quora.com

1–4 of 4 posts

Re: Do you agree that Electric Cars will be obsolete?

#3
post #2

4-year-old article already proven wrong. Tesla as a company is healthy and making a profit, battery prices coming down rapidly.

> Tesla as a company is healthy and making a profit.

Well they “finally” turned a surprise profit in its 15 year history. It’s a bit of a stretch to call them profitable given the insurmountable costs involved manufacturing a electric car at the scale of Tesla.

Re: Do you agree that Electric Cars will be obsolete?

#4
post #3
post #2

4-year-old article already proven wrong. Tesla as a company is healthy and making a profit, battery prices coming down rapidly.

> Tesla as a company is healthy and making a profit. Well they “finally” turned a surprise profit in its 15 year history. It’s a bit of a stretch to call them profitable given the insurmountable costs involved manufacturing a electric car at the scale of Tesla.

Far as I can tell Tesla's been making a per unit profit on their cars. They take on debt to fund growth not to keep the lights on.