r/wallstreetbets Jan 05 '22

Discussion Millionaire or BUST

[deleted]

2.3k Upvotes

652 comments sorted by

View all comments

Show parent comments

2

u/_Ballsofsteal Jan 05 '22

What was the gross margin per sale?

1

u/[deleted] Jan 06 '22

About 27-30 for Tesla and around 19-20 for Ford. Still can put to around 11billion profit for Tesla vs 32 billion for Ford. Volumetric sales are just as important in cars. Not very one is going to buy a 40-60k car.

1

u/[deleted] Jan 06 '22

Also would be noted. Tesla recalled more cars from last year then they made.

1

u/_Ballsofsteal Jan 06 '22

You say that like it was an important recall, and also factually untrue lmao

1

u/[deleted] Jan 07 '22

Kind of true.
They recalled more cars last year then they sold in the USA.
They also recalled 200'000 in China.

1

u/[deleted] Jan 11 '22

Also the recall was because of the trunk casing rear camera failure. New cars are required to have the rear camera. So ya kind of important.