Gross Mis-understanding here.
Gross Mis-understanding here. And I'm not even talking about the fine print.
The author says in paragraph 4, "25 percent profit margin on the Model S…" I don't think so because the company as a whole, in 2014 non-GAAP reporting, has a gross margin in the area of 28%.
But in 2014 it lost $294M… INCLUDING subsidy payments of $100M+ from the USA or other auto companies for ZEV credits.
28% GROSS MARGIN… FOR A MANUFACTURING COMPANY… SELL SELL SELL.
This is what happens when your karma is tainted with the moniker of Zero Emissions and you run principally on electricity generated from COAL!