/biz/ - Business & Finance

>>22062701

>>21975873
I'm assuming that a lot of them are covered. A lot of them are so far out of the money that it was a real win/win for the sellers.
>>21975891
Sales or revenue doesn't give the full picture because TSLA's CapEx is falling rapidly so their margins are improving despite revenue starting to stagnate a bit. They're able to bring in less money by discounting their cars but still rapidly grow and turning a profit. Elon has stated that he only wants a small amount of profit and the rest should feed growth until the company is massive.

Keep in mind that their gross margins are improving at a calculable rate because of economies of scale involved. Other automakers are not producing enough EVs for them to eat into this margin and since they make fewer cars they'll be more expensive for them to produce.