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Cost To Build a Tesla Model 3 Is $28,000, German Engineers Say (www.wiwo.de)

Rei writes: An interesting report came out the other day from Germany, where an engineering firm purchased four Tesla Model 3s on the grey market to study on behalf of an anonymous major German auto manufacturer. Among their key findings: due in part to a huge reduction in cobalt in the batteries (2.8% in the cathodes versus a typical 8%) and a number of simplifications, the parts cost of a Model 3 (in units of 10,000 vehicles per week) is estimated at $18,000, along with $10,000 in production costs. Note that the teardown was for the long-range version with the premium upgrades package.

On Reddit, users with access to the full report added further details. The 75kWh battery is 40% of the components cost ($7,200); the interior is completely symmetric (facilitating RHD); there are only 4 kinds of screws used in the underbody (a typical German luxury manufacturer uses 40); many parts of the car are designed specifically so as to be easier for robots to grab; and the battery pack is harder to remove than on the S/X (e.g. not battery swap capable). After studying the individual components, they concluded that German EV manufacturers would not be capable of producing a similar vehicle at this point in time. Asked on Twitter whether Musk agreed with their price conclusions at a rate of 10,000 vehicles per week, Musk replied: "Definitely." That said, Tesla is still in the process of moving from 3,500 to 5,000-6,000 per week by the end of this quarter, and is not expected to reach 10,000 vehicles per week until next year.

141 comments

  1. Opportunity Cost strikes again by AlanBDee · · Score: 1

    So a German engineering firm says that it only costs 28,000 to make a Tasla Model 3 but that German EV companies are not capable of producing a similar vehicle at this time. Does that mean that their German cars cost less then $28,000 to make? Otherwise they'd be foolish not to try and compete.

    1. Re:Opportunity Cost strikes again by Anonymous Coward · · Score: 5, Interesting

      Learned this in my first econ class ever.

      "double your price of whatever you make it for. You will make money. We have all these formulas and tricks to tell us what it should do but we have no idea. 2x just works".

      The class then ran dozens of simulations. The guy was right.

    2. Re:Opportunity Cost strikes again by Anonymous Coward · · Score: 0

      I don't understand how you're getting that implication. I read that as simply German auto manufacturers that are looking into making EVs (BMW, VW, etc) are not capable of making one of similar caliber for similar cost to them. It doesn't say anything about their ability to make ICE cars to me.

    3. Re:Opportunity Cost strikes again by angel'o'sphere · · Score: 1

      Most German car manufacturer produce EVs, and they sell quite ok.
      So, what is your point?

      However most EVs sold in Germany are french (surprised?) and Asian.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    4. Re:Opportunity Cost strikes again by Anonymous Coward · · Score: 0

      There'e a lot more to it than unit cost. There's tooling, training, licensing, supply chains, the wisdom one gains from the inevitable mistakes and a thousand and one other things that take time to setup before the first E-Wagen rolls off the line. It could be easier if one were to partner with Tesla*, but what's in it for them?

    5. Re:Opportunity Cost strikes again by vtcodger · · Score: 3, Insightful

      Sounds reasonable. Keep in mind that the $28K is just parts and labor. It does not include a share of fixed costs -- overhead, debt servicing, operating costs, taxes ... etc. My experience with that sort of accounting is tangential (IANAA) and not really applicable to mass manufacturing. But the costs of running a business tend to be pretty impressive.

      --
      You can't see ANYTHING from a car, You've got to get out of the goddamned contraption and walk...Edward Abbey
    6. Re:Opportunity Cost strikes again by thaylin · · Score: 2

      how does 2x work if no one will buy the car?

      Obviously if you can make 2x for the car you will make money, it does not take simulations to prove that, but the problem comes in with demand versus price point.

      --
      When you cant win, ad hominem.
    7. Re:Opportunity Cost strikes again by vtcodger · · Score: 1

      "It could be easier if one were to partner with Tesla*, but what's in it for them?"

      Aggravation? Lots and lots of aggravation.

      --
      You can't see ANYTHING from a car, You've got to get out of the goddamned contraption and walk...Edward Abbey
    8. Re:Opportunity Cost strikes again by EETech1 · · Score: 2

      I worked in customer service for a large company, and I could see every cost, and price associated with every product we made, from service parts, to complete units, and you are correct.

      We doubled our cost when we sold it to the dealer, and they doubled their cost when selling it at suggested retail.

      There were a few things that we completely raped people for (a $3 shaft for $120) but the majority was the double double.

      While I was there, I learned another valuable lesson for the double double, and that has to do with scheduling projects. My boss would always tell me to double the amount of time I thought it would take when planning a project, and he would then double that amount of time when scheduling resources. Something he learned in aerospace:) but you didn't want to be the reason something was held up! We had a similar problem with model year, don't bite off more than you can chew:)

      Cheers!

    9. Re:Opportunity Cost strikes again by Anonymous Coward · · Score: 0

      I think you are misinterpreting what they are saying which is basically it is not cost effective to make given the selling price so no they cannot make it for a reasonable manufacturing cost, which incidentally neither can Tesla at the moment, but tesla can currently afford to eat the loss.

    10. Re:Opportunity Cost strikes again by religionofpeas · · Score: 1

      double your price of whatever you make it for

      Unless you can sell it for more, then ask whatever you can get.

    11. Re:Opportunity Cost strikes again by quenda · · Score: 1

      > German EV companies are not capable of producing a similar vehicle at this time.

      Clearly, Tesla'a Apple scientists are better than Germany's Apple scientists.

    12. Re:Opportunity Cost strikes again by stooo · · Score: 3, Informative

      The german manufacturers don't have the structure to keep up with Tesla at this point.
      Tesla uses vertical integration to cut the costs of the middleman(the auto suppliers and the dealer network in this case). They produce a lot of key subassemblies themselves, where other's subcontract to various levels.
      Traditionnal car OEMs can't do the vertical integration today.

      --
      aaaaaaa
    13. Re:Opportunity Cost strikes again by thegarbz · · Score: 3, Informative

      However most EVs sold in Germany are french

      To say "french" is a bit too generous. German can manufacturers have not put serious efforts into the EV business yet. Neither really has anyone else in Europe with the single notable exception of Renault.

      That is changing. 2017 saw the Renault Zoe head and shoulders above all other EV manufacturers. German manufactures had position 3, 7, 8 and 10. With the remainder being a few Asian cars and some Teslas.

      In January this year the e-Golf outsold the Zoe for the first time. Year to date paints the Germans in a very different picture:

      1: Smart For2 ED 1947
      2: VW e-Golf 1905
      3: Renault Zoe 1719
      4: Kia Soul EV 1668
      5: BWM i3 1620
      6: VW Golf GTE 1113
      7: VW Passat GTE 1066
      8: Smart For4 ED 1058
      9: BMW 225xe 943
      10: Mercedes E350e 813

      Number 11, 12, 16 and 18 are also German manufacturers.

      Expect to see many more German EVs on German roads.

    14. Re:Opportunity Cost strikes again by AmiMoJo · · Score: 3, Informative

      2x is what you need to avoid losing money on each sale. It has to include unknowns like warranty costs, manufacturing issues and so on.

      It's pretty standard to use 2x when costing anything in industry. You want to add a â5 widget to the car, you assume it will add â10 to the price.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    15. Re:Opportunity Cost strikes again by MoarSauce123 · · Score: 1

      There are plenty of German EV companies that offer their models in this price range or below. Examples are the Smart ED, VW e-UP, e.GO Life, Sono Sion.... Their problem is that they do not have a CEO that has the capability to get stocks red hot based on promises and vapor....or shooting a car past Mars.

    16. Re:Opportunity Cost strikes again by Carewolf · · Score: 2

      Sounds reasonable. Keep in mind that the $28K is just parts and labor. It does not include a share of fixed costs -- overhead, debt servicing, operating costs, taxes ... etc. My experience with that sort of accounting is tangential (IANAA) and not really applicable to mass manufacturing. But the costs of running a business tend to be pretty impressive.

      R&D...

    17. Re:Opportunity Cost strikes again by Carewolf · · Score: 1

      The german manufacturers don't have the structure to keep up with Tesla at this point.
      Tesla uses vertical integration to cut the costs of the middleman(the auto suppliers and the dealer network in this case). They produce a lot of key subassemblies themselves, where other's subcontract to various levels.
      Traditionnal car OEMs can't do the vertical integration today.

      And other car manufacturers actually deliver cars. Millions of cars where Tesla can't even produce a few thousand 2 years late without have to recall or update them every two months to fix serious quality issues.

    18. Re: Opportunity Cost strikes again by Anonymous Coward · · Score: 0

      In cost accounting it's the opportunistic contract that u can manufacture above incremental costs that u can accept if It is for 1 and 1 off only. If you do it a second time u have to incorporate overhead or you've started down the hole of always only selling to cover direct manufacturing costs and will not be planning ahead for machines breaking, building maintenance etc.

      TL;DR you'll appear to make money now but will close up shop as soon as a machine breaks.

    19. Re:Opportunity Cost strikes again by whoever57 · · Score: 1

      Don't forget that the only Model 3's sold to date cost at least $50k ($35k base, +$9k for the long range option/model, +$5k for the premium upgrade package, +$1k for delivery, even if you live in Fremont).

      --
      The real "Libtards" are the Libertarians!
    20. Re:Opportunity Cost strikes again by whoever57 · · Score: 1

      And other car manufacturers actually deliver cars.

      Name another manufacturer selling long-range electric vehicles at the current rate of Tesla. You can't because there isn't one.

      Tesla now builds more Model 3s in a week than Chevy builds Bolts in a month.

      --
      The real "Libtards" are the Libertarians!
    21. Re: Opportunity Cost strikes again by stoatwblr · · Score: 1

      "what the market will bear" is a very important consideration, as is targeting consumers with money to burn on premium products where reliability is secondary to image.

      Case in point: Remington electric razors. The company was profitable when Victor Kamman bought it. He immediately doubled the price and marketed them as a premium product. Sales skyrocketed and it became even more profitable.

      The point about Tesla (and upmarket German cars) is not that it's a Halo product, but that it's a premium and desireable halo product. Production difficulties, reliability issues(*) and low availability play into that market and perversely make them more desirable.

      (*) Tesla have a great warranty policy but they need to. The list of things replaced "free" under warranty on most of the cars is quite extensive and would bankrupt a lesser owner if they had to pay for the parts. Most makers with long warranties have them because there are few claims. Even with the Tesla warranty I'd regard the actual reliability as low due to the amount of workshop time they've tended to require and the sheer expense of the components being replaced. Drivetrains in particular are something that seldom require replacement for the life of a normal vehicle (8-15 years), yet it seems to be a dice throw about needing replacement on a Tesla in the first 2 years (my 15yo vehicle is on original engine clutch and gearbox, as are most of this age and very few have ever had the head or sump off either).

      You could argue that Tesla can't afford to come downmarket until they solve their reliability issues.

  2. "4 kinds of screws" by greenwow · · Score: 5, Insightful

    That's huge. Last weekend I helped a friend replace the motor in his 1993 Toyota, and IIRC there were 10, 12, 13, 14, 15, 17, 19, and 21 mm bolts plus several different other Phillips screw sizes. Better than GM which my friend had to buy several sizes of Torx drivers or my other friend that has a Harley we replaced a clutch on that needed a couple of exotic Torx drivers that we couldn't find locally. T25 was too loose and T27 wouldn't fit in one of the bolts. He also replaced one of the heads on it, and the special Torx driver from Snapon was more expensive than he paid for the used head!

    1. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      You're right that is huge. I'm trying to keep my sixth generation 1992 Toyota Corolla running. that I bought new when I got a job offer from Microsoft in 1992. I lived less than half a mile from work so the 600k miles it has were mostly hard miles since the engine didn't even get a chance to warm up most of the time. In 2000, I moved back to Boston for five years and exposed it to a lot of road salt so I've broken many bolts due to rust. In 2008 I moved back to Redmond, WA to work for Microsoft and now live even closer to work. Except for rust due to salt and half a dozen accidents, everything in the car still works great, especially the engine. Why did you need to replace the engine? And you're right about there being too many different fasteners. I've spent probably two years waiting on Toyota of Kirkland to deliver fasteners.

    2. Re: "4 kinds of screws" by Anonymous Coward · · Score: 0

      Cool story bro...

    3. Re:"4 kinds of screws" by greenwow · · Score: 1

      > Why did you need to replace the engine?

      The engine only had a little over 480,000 miles and still ran great, but Jiffy Lube on 85th in Kirkland forgot to tighten the oil plug after his last oil change. They gave him $2k for a nearly twenty-five year-old car without much hassle so I'll have to give them credit for that. The month before that bad oil change, he drove his Corolla to Reno, NV for a poker tournament which is about 1,500 miles roundtrip so it not only ran, it ran well enough for him to depend on it for a long trip.

    4. Re:"4 kinds of screws" by Anonymous Coward · · Score: 1

      Snapon was more expensive than he paid for the used head!

      Yep. My bother is a mechanic that works for an independent shop that mainly works on German cars, His monthly payment to Snap-on is larger than his house payment. Using only four different fasteners, if true (and I don't think it is but assume it is), is huge like you said.

    5. Re:"4 kinds of screws" by t0rkm3 · · Score: 1

      Yeah.. A hard won lesson. I had the same happen with my favorite Bronco.

        It lead to an engine upgrade... I am very thankful I wasn't financially strapped at the time, they didn't pay enough to replace the standard 351 V8 that was in it at the time.

      Jiffy Lube==Check all valves, caps, seals, plugs after service.

    6. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      The German brands used to be able to do this. I had a BMW 2002 (that's the model name, not the year), that you could almost completely rebuild with 10mm, 13mm, 17mm sockets and a couple of screwdrivers.

      Admittedly, there weren't as many fancy features in 1972 as there are in 2018.

    7. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      And put a mark on your oil filter to make sure they actually change it. In my 1982 Camry, I wrote the current date on my oil filter then didn't think to check it until after three oil changes at Jiffy Lube. The date was in Nov 2010, and after my last oil change in 2012, it still showed the 2010 date. Jiffy Lube didn't change the oil filter for three oil changes even though they charged me for that.

    8. Re:"4 kinds of screws" by 110010001000 · · Score: 1

      Why do you reply to yourself. We know you are greenwow. The whole Seattle/Microsoft thing is a dead giveaway.

    9. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      You started at Microsoft in 1992 and still drive a Corolla from back then?
      H1Bs must really be depressing wages.

    10. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      If you want to squeeze out every pound of the vehicle you cannot oversize screws. Rest assured that simulations and test run on each to determine the proper size.

      Also don't worry about production complexity. The robotized factory will automatically provide the right screw at the right time to the machine that puts it in.

    11. Re:"4 kinds of screws" by Barsteward · · Score: 1

      you "drove" half a mile to work? you not worked out what your legs are for? Or is that post a con-job?

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    12. Re:"4 kinds of screws" by burtosis · · Score: 3, Interesting

      Even standard fasteners can be a major pain. I had a 70s Honda motorcycle that I was able to pick up salvaged, it was my first motorcycle that I ever bought. ALL the engine bolts were stripped. They use #3 Phillips heads on most of the engine, however most people are only familiar with #2. Because of this, most older hondas engine bolts got stripped like well paid escorts. Incidentally, that was when I also learned the trick of hammering a flat blade screwdriver, or chisel, into the side of the fastner, turning it at an angle, then impacting it in the direction to loosen it.

    13. Re:"4 kinds of screws" by Anonymous Coward · · Score: 0

      The German brands used to be able to do this. I had a BMW 2002 (that's the model name, not the year), that you could almost completely rebuild with 10mm, 13mm, 17mm sockets and a couple of screwdrivers.

      Same with modern Japanese cars, there was little I couldn't do on my 2000 Honda with just a phillips screwdriver and a 10mm socket. My 2006 Toyota isn't that simple but so far haven't run into anything that a standard metric socket set didn't cover.

    14. Re:"4 kinds of screws" by tidepool · · Score: 1

      T25 was too loose and T27 wouldn't fit in one of the bolts. He also replaced one of the heads on it, and the special Torx driver from Snapon was more expensive than he paid for the used head!

      Maybe those renegade torx were actually triple-square (m) heads? If you ever work on an audi, you'll be blown away at the odd assortment of sockets and devices you need to do actual work on them.

  3. German Carmakers and lies about numbers by Anonymous Coward · · Score: 0

    There is a certain German automaker who was recently caught completely lying about their numbers, and it was a scandal that went high up in the organization. I wouldn't trust this company leaking information intended to damage a competitor. Why don't they put out the numbers for every single car for all of their competitors?

    1. Re:German Carmakers and lies about numbers by Anonymous Coward · · Score: 0

      . Why don't they put out the numbers for every single car for all of their competitors?

      they regularly do, just they don't rate a mention in the press.

  4. ...and make money... by ole_timer · · Score: 1

    anyone can lose money...otoh tesla may break some molds and make money at some point

    --
    nothing to see here - move along
    1. Re:...and make money... by mentil · · Score: 1

      So long as they don't 'break molds' in the DeLorean sense...

      --
      Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
  5. Elon Mask is not going to sell it for 35K by Anonymous Coward · · Score: 0

    So, guys, read between lines. There is no such thing as Tesla 3 for 35K

    1. Re:Elon Mask is not going to sell it for 35K by thaylin · · Score: 1

      the 28k component price was for the long range model that is 44k.

      --
      When you cant win, ad hominem.
    2. Re:Elon Mask is not going to sell it for 35K by Anonymous Coward · · Score: 0

      Even if 28k was for the 35k model, that's still a 20% margin. That's not bad. I think most car makers would kill for that. In fact, I think they do kill for that . . . through pollution. Yes, I had to go there.

    3. Re:Elon Mask is not going to sell it for 35K by Anonymous Coward · · Score: 0

      Even if 28k was for the 35k model, that's still a 20% margin. That's not bad. I think most car makers would kill for that. In fact, I think they do kill for that . . . through pollution. Yes, I had to go there.

      No it isn't, not even close. it is actually pretty awful and this doesn't include marketing, shipping, tooling, warranty costs etc etc. That is a wafer thin margin, on the 35k model it is probably a reasonable loss.

    4. Re:Elon Mask is not going to sell it for 35K by gravewax · · Score: 1

      That is a 20% margin BEFORE the rest of the costs WHEN they are finally at 10k units per week. that means if they were churning out the 35k model now they would be taking a sizable loss.

    5. Re:Elon Mask is not going to sell it for 35K by Rei · · Score: 2

      If by "rest of the costs" you mean R&D and SG&A, yes, but "no duh" to that. ;) (Also worth noting: they were tearing down a Model 3 LR with PUP, not a base model)

      Ford's average vehicle margin is 10%. Now, Tesla's structure means they need a higher margin (as they own all of their own stores and service centres), but "greater than 20%" is more than a healthy margin. And that's with no options (which are overwhelmingly profit).

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    6. Re:Elon Mask is not going to sell it for 35K by Rei · · Score: 2, Informative

      The $10k is not "labour", it's "production costs", which includes tooling depreciation.

      And FYI, but a normal automotive margin is around 10%.

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    7. Re:Elon Mask is not going to sell it for 35K by Anonymous Coward · · Score: 0

      Ford's average vehicle margin is 10% after R&D, tooling, SG&A and Debt. Sure 20% might not be too bad if and when Tesla ever reach the manufacturing numbers to make that cost feasible, currently they are no where near it and I doubt they would have any margin even on the 44k model, especially after adding in the rest of the costs.

    8. Re:Elon Mask is not going to sell it for 35K by Rei · · Score: 1

      That's not the gross margin. Gross margin is just (revenue - COGS) / revenue. If you're including R&D, SG&A, etc, you're thinking of the profit margin, which is around 4%.

      (ED: turns out the gross margin is was a bit higher than I remembered, 14,76% last quarter. But still nothing spectacular)

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    9. Re:Elon Mask is not going to sell it for 35K by Anonymous Coward · · Score: 0

      a Model 3 LR with PUP

      Oh, there's a Potentially Unwanted Program in there?
      I'm not trying to be smart, but honestly can't figure what PUP is even after checking an acronym list.
      Perhaps it's not that but does it come with the hook and ball for towing?

    10. Re:Elon Mask is not going to sell it for 35K by whoever57 · · Score: 1

      the 28k component price was for the long range model that is 44k.

      $49k.

      Today, you have to buy the Premium Upgrade package, which is another $5k.

      --
      The real "Libtards" are the Libertarians!
    11. Re: Elon Mask is not going to sell it for 35K by stoatwblr · · Score: 1

      Normal automive margins are 10% on a complete vehicle but most carmakers are in the business of selling finance and/or car parts.

    12. Re: Elon Mask is not going to sell it for 35K by stoatwblr · · Score: 1

      Hit submit too soon....

      By that comment I mean that the car is simply to get you in the door. They make money on interest payments and servicing.

  6. Call me crazy by Anonymous Coward · · Score: 0

    But I don't believe it. They have no idea how much scrap there was, how many times die need replacing, how much rework was done on each unit, or even the efficiency of the paint application. Given it is the long range, how is the company still losing money hand over fist. Even the company is only claiming 20% gross margins. Oh, wait, Rei posted this. I'm shocked.

  7. Something doesn't add up by djinn6 · · Score: 2

    If the components are $18,000, labor is $10,000, and factory depreciation is $10,000 [1], then Tesla should have been making a profit on those $70,000 premium Model 3 sales, but somehow that's not reflected in their Q1 report.

    So either the Germans are able to get much cheaper materials and labor than Tesla, or this is just a FUD piece. Since it's written by an actor, sources anonymous German engineers, and has a paywall for the full article, I'm leaning towards the latter.

    [1] A $5 billion Gigafactory on a very aggressive depreciation schedule (double declining balance with a useful life of 10 years) would be $1 billion for the first year, which would add about $10,000 to the cost of each vehicle if they make 2k vehicles / week.

    1. Re:Something doesn't add up by thaylin · · Score: 3, Interesting

      I think you are confusing model 3 with model S. Model 3 is the 35k to 44k car. In fact the germans are saying that they cannot current meet how good the price is on the model 3, its not fud, it is the opposite.

      --
      When you cant win, ad hominem.
    2. Re:Something doesn't add up by thaylin · · Score: 1

      also they are ramping up to 10k per week.

      --
      When you cant win, ad hominem.
    3. Re:Something doesn't add up by djbckr · · Score: 1

      I did some custom programming for the accounting department of the company I worked for some years ago. All I can say is this: Accounting just makes shit up. They'll tell you it's "just numbers" but they move things around to make things look appealing. No logic. All magic.

    4. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      The article is made up. Pricing by manufacturers is a trade secret. My guess is this car costs $20k tops, to make. And Tesla make their own batteries. So it's probably around $15k. You think a bunch of metal, plastic and rubber costs $28k. LOL.

    5. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      I don't understand. How can a $70 k car, even at 100% profit, cover the depreciation of a $5 billion factory? You would have to sell A LOT to break even. With the model 3, margin is not important. Volume is. Well, margin IS important, but volume is intended to be more important.

    6. Re:Something doesn't add up by AHuxley · · Score: 1

      Thats why other car companies build in nations like Italy, Spain, Mexico, China, Thailand over many years. As the high local high tariff protections went away production could be global.
      Find a nation that wants to build jobs and ask how much their gov will pay for every worker who has a full time production line job.
      Thats how the worker price can be adjusted. Then it is just the cost of parts :)

      --
      Domestic spying is now "Benign Information Gathering"
    7. Re: Something doesn't add up by Anonymous Coward · · Score: 0

      It makes sense if you can do basic math.
      Five billion dollars is five million $1,000 bills, pretending we used $1,000 bills.
      If Tesla makes only $1,000 per car, they need to sell five million cars, to break even. Let's pretend the interest on factory debt is equivalent to auto loan interest so we can skip those bits.
      The factory will last more than a day, so they don't need to buy a new one every day. Let's say ten years for an absurdly fast depreciation that hurts Tesla.
      Five million cars is now just five hundred thousand per year. Pretty good, but not record breaking numbers. That's about 10,000 cars per week, with two weeks off a year. They are just hitting 5,000 a week now using a process that improves geometrically at this point on the curve.

      But Tesla makes more than $1,000 per car. It's probably $5,000+ and will only get better as they improve production. That means a hundred thousand cars a year is enough to break even on those numbers. They will make 5,000*26 weeks=130,000 care just in the second half of this year, even if they hadn't already made even one.

      So at this point they are already operationally profitable and it becomes a question of debt service vs growth.

      Also, I need to buy some shares on the next dip.

    8. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      I think you're forgetting that the $35k Model 3 doesn't really exist.

      https://www.roadandtrack.com/n...

    9. Re:Something doesn't add up by djinn6 · · Score: 1

      Only the higher-priced premium Model 3's have been delivered, those can cost up to $70-80k. But even on the low end of the premium versions, with $50,000, they should still be making $10k of profit.

    10. Re:Something doesn't add up by Actually,+I+do+RTFA · · Score: 1

      factory depreciation is $10,000 [1]

      According to the last investor call, Tesla claims their depreciation of the factory (at 5k cars/week) is $2,000/car.

      --
      Your ad here. Ask me how!
    11. Re:Something doesn't add up by Joce640k · · Score: 1

      I don't understand. How can a $70 k car, even at 100% profit, cover the depreciation of a $5 billion factory?

      Tesla does other things with those batteries apart from cars.

      --
      No sig today...
    12. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      If the components are $18,000, labor is $10,000, and factory depreciation is $10,000 [1], then Tesla should have been making a profit on those $70,000 premium Model 3 sales, but somehow that's not reflected in their Q1 report.

      The estimated cost probably depends on the manufacturing process actually working, which it hasn't.

    13. Re:Something doesn't add up by AmiMoJo · · Score: 2

      They must be doing well out of the options they sell, which are often mostly software. Autopilot is pure software, and full self driving isn't even available for years but you can pay them thousands of dollars for it now.

      Bioweapon defence mode is a cheap HIPA filter and software switch. The performance modes are software.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    14. Re:Something doesn't add up by Rei · · Score: 1

      Giga is designed to produce packs for 500k TM3 vehicles per year (Fremont is capable of ~400k, with ~100k of those being S/X, Tesla hasn't disclosed where they want to complete the other ~200k TM3, whether via local expansion or elsewhere). The average TM3 sale price is expected to be $45k. Even with only a 25% margin, that's $5,6 billion gross profit per year. Now of course, that's not money you can just take to the bank - you have R&D, SG&A, etc to pay for. But it's a lot of money.

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    15. Re:Something doesn't add up by Rei · · Score: 1

      "Well under" $2k, if I recall the wording correctly.

      Also, the above $10k in the German study is total production costs, not just labour. That includes depreciation.

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    16. Re:Something doesn't add up by thegarbz · · Score: 1

      If the components are $18,000, labor is $10,000, and factory depreciation is $10,000 [1], then Tesla should have been making a profit on those $70,000 premium Model 3 sales, but somehow that's not reflected in their Q1 report.

      Is that before or after you take into account constant factory modifications? Telsa is ramping up and spending money doing it. And they're not done: https://www.teslarati.com/tesl...

      Also that labour estimate is final labour costs of assembly. That doesn't include overhead, rework, factory downtime, production changes, all of which seem to be happening constantly as Tesla tries to ramp up. Looking at the numbers it would seem that they imply a steady state operation.

    17. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      Maybe they consider it over 30 years? Some stuff lasts for a long time.

    18. Re:Something doesn't add up by Actually,+I+do+RTFA · · Score: 1

      e above $10k in the German study is total production costs, not just labour. That includes depreciation.

      True it also assumes all those costs are spread over 10k/cars/week, not 5k/cars/week. So, those should probably be doubled today to $20k/car production costs.

      --
      Your ad here. Ask me how!
    19. Re:Something doesn't add up by Anonymous Coward · · Score: 0

      It probably accurate once they get up to the economy of scale they need. The issue is that the production lines they've built need to be amortized over each vehicle produced, so if you're not producing enough of them then you need to allocate more of the production cost per vehicle. At current production rates the production cost side is probably at least double what is stated.

    20. Re:Something doesn't add up by whoever57 · · Score: 1

      The performance modes are software.

      I think Performance models require the dual motor option, which is definitely hardware.

      --
      The real "Libtards" are the Libertarians!
  8. Re:Did a project for some car guys.. by thaylin · · Score: 1

    the model 3 does not sale for anywhere near 80k, it starts at 35k and the top end long range is like 44k, note the 44k module is the one that costs 28k to make, so about 16k profit.

    --
    When you cant win, ad hominem.
  9. The free future of manufacturing components by goombah99 · · Score: 1, Interesting

    Consider the "component" cost of the tesla. Well that's to purchase the components. But of course those "components" were someone elses product and they in turn had component costs and production costs for that. And so on all the way down to "ore" and water before they are even taken out of the earth.

    SO if you really stated the "component" cost versus production cost I think you might find it's almost all production cost.

    Now imagine what happens when we make robots that can make custom manucaturing robots.

    Then there's no production costs. (the robots make robots that mine and refine the ore to make more robots.)

    Suddenly EVERYTHING is cheap. Rediculously cheap.

    Yes were a long way from that. But not so far in the grand scheme. Maybe four or five generations. Then it's all free.

    --
    Some drink at the fountain of knowledge. Others just gargle.
    1. Re:The free future of manufacturing components by OYAHHH · · Score: 2

      Ha ha ha. Good one. Exactly one good flu epidemic will set humankind back potentially thousands of years. That epidemic may not be that bad, but a bad one will happen and there will be some serious societal adjustments that more than likely will preclude your rabbit hole.

      --
      Caution: Contents under pressure
    2. Re:The free future of manufacturing components by religionofpeas · · Score: 1

      Suddenly EVERYTHING is cheap. Rediculously cheap

      It will still be constrained by price of energy. Mining is a very energy intensive business, especially when you get to lower grade ores and are forced to use a clean process.

    3. Re: The free future of manufacturing components by c6gunner · · Score: 1

      In his robot utopia the price of energy would for all intents and purposes be zero. All you need is robots pumping out solar panels and windmills, and other robots installing them.

      Obviously you can't power mining machinery with solar directly, but once you have "free" energy it's also cheap to make hydrogen or methane or whatever else you want to use for that purpose.

    4. Re:The free future of manufacturing components by MoarSauce123 · · Score: 1

      "rediculously"??? I find it odd that Tesla bought an already equipped factory that is capable of cranking out 50,000 vehicles a month. The previous operator built 40,000 vehicles each month. How come that Tesla cannot get anywhere near that number? The demand is there and more sales will stop Tesla from bleeding cash. Leaves only one cause: utter ineptitude. Tesla is like Apple, great in hype and design, totally clueless on execution.

    5. Re:The free future of manufacturing components by goombah99 · · Score: 1

      Redonkulously?

      --
      Some drink at the fountain of knowledge. Others just gargle.
    6. Re:The free future of manufacturing components by mbkennel · · Score: 2

      When the plant was run by Toyota, more components were purchased from outside manufacturers. Tesla builds more of the car components on site, and has engineers on site.

    7. Re: The free future of manufacturing components by stoatwblr · · Score: 1

      The last good flu epidemic (1918) set us back no more than a decade.

      The next will be about the same.

    8. Re:The free future of manufacturing components by SandWyrm · · Score: 1

      Oh please... Nothing is free. Even if we have self-replicating robots, the resources to build them are finite. So are the energy sources to run them. The pollution they produce will be non-zero. Their maintenance and design will require human or genius-bot input, and both of those will be limited in number.

      Most importantly, the desires of humans for labor are essentially unlimited in scope. Give a family one robot, and they'll soon "need" 2, 3, and... how many computing devices do you have in your house again? Be sure to count every PC, laptop, tablet, phone, calculator, thermostat, furnace, water heater, oven, game system, TV, and electronic toy, and god knows what else. Robots would proliferate similarly, and we'd still have to have prices to decide who gets more or fewer robots.

      And THAT's assuming that the robots don't develop their own desires and dreams.

    9. Re: The free future of manufacturing components by SandWyrm · · Score: 2

      In his robot utopia the price of energy would for all intents and purposes be zero. All you need is robots pumping out solar panels and windmills, and other robots installing them.

      Obviously you can't power mining machinery with solar directly, but once you have "free" energy it's also cheap to make hydrogen or methane or whatever else you want to use for that purpose.

      Try going back 500 years and describing our technological wonders to those living in the Middle Ages. Such as how one family can farm the land that 10,000 much larger families used to (leading to empty farm towns across America). How we have machines that allow a dozen men to build what would to them be a huge building. How almost anyone can fly above the clouds to go visit family half a world away. Or how we can instantly communicate with the other side of the world, not just with "letters", but audio and video too. Or the sheer number of people who live in our cities.

      Then you can explain to them why, with all of these wonders, we still have a need for money.

    10. Re: The free future of manufacturing components by c6gunner · · Score: 1

      Was there a question in there somewhere? I'm honestly baffled as to how your comment relates to mine ...

  10. Who gives a shit? by Anonymous Coward · · Score: 0

    They're disposable cars. Nobody can repair them except Tesla, and Tesla works to keep it that way. I hope they lose their shirts on these cars.

    1. Re: Who gives a shit? by Anonymous Coward · · Score: 0

      They are disposable cars it seems. Much like a cell phone right down to the lithium ion battery.

    2. Re:Who gives a shit? by Joce640k · · Score: 1

      a) Apple is one of the most valuable companies in the world.

      b) Tesla's cars simply don't wear out like mechanical cars do.

      https://www.greencarreports.co...

      c) Stick to your horse and cart if you want. Elon Musk won't lose any sleep over it.

      --
      No sig today...
  11. Awesome, duh, and buh, respectively by drinkypoo · · Score: 3, Insightful

    there are only 4 kinds of screws used in the underbody (a typical German luxury manufacturer uses 40); many parts of the car are designed specifically so as to be easier for robots to grab; and the battery pack is harder to remove than on the S/X (e.g. not battery swap capable).

    The screw thing is awesome. As someone who has done a transmission swap on an Audi A8, I can tell you that it is a truly massive improvement for the technician.

    When robots install parts, they are always designed to be installed by robots. That's how it's done.

    The battery pack on the Model S was installed partially with adhesives, so....

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    1. Re:Awesome, duh, and buh, respectively by Anonymous Coward · · Score: 0

      The screw thing sounds like more half assing and cutting corners by Tesla. You need to use different bolts because they all have different torque requirements. You can expect many model 3 falling a part because they didn’t properly spec the bolts.

      In the mean time, their half assed autopilot crashed into an easily avoidable police car. Where’s Elon to fix this? He’s going on twitter rants claiming Jews control the media.

    2. Re:Awesome, duh, and buh, respectively by drinkypoo · · Score: 2

      The screw thing sounds like more half assing and cutting corners by Tesla. You need to use different bolts because they all have different torque requirements. You can expect many model 3 falling a part because they didnâ(TM)t properly spec the bolts.

      That's not how it works. You've got a required torque to do a job, and excessive torque which will damage parts. Anything in between will hold the part on. The variety of different fasteners used is due to different assembly techniques, suppliers, etc. If you design intelligently in the first place, you can reduce the number of different fasteners used. Most manufacturers don't do this because they have long-running programs with entrenched ways of doing business, but Tesla doesn't. They can declare these things by fiat now, while the business is still flexible.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    3. Re:Awesome, duh, and buh, respectively by Anonymous Coward · · Score: 0

      Oh look a comment from a retard that fails understand torque.

    4. Re:Awesome, duh, and buh, respectively by thegarbz · · Score: 1

      When robots install parts, they are always designed to be installed by robots. That's how it's done.

      Designed to be installed by robots, and specifically designed to be easier for robots to install are not the same thing.

      The battery pack on the Model S was installed partially with adhesives, so....

      Not sure how that was relevant. The point here was the the Model S battery pack was designed and demonstrated to be swappable in 40 seconds. The Model 3 not so.

    5. Re:Awesome, duh, and buh, respectively by Type44Q · · Score: 1

      As someone who has done a transmission swap on an Audi A8

      Please tell me you converted to manual. :)

    6. Re:Awesome, duh, and buh, respectively by drinkypoo · · Score: 1

      If you overspec the bolt it will work it self loose over time because it hasnâ(TM)t been spaced right.

      Unless you take the simple expedient of including use-once thread locking compound, which is how the big boys do it. Such bolts are all over my A8, and what's more, they are labeled as being single use in spite of not being torque-to-yield. Of course, Audi also used TTY bolts on the undercarriage. Naturally, I reuse the bolts which came with preapplied thread locking compound, after cleaning them with a wire brush and refreshing it. Unfortunately, these bolts are coated with a passivating layer to avoid galvanic corrosion due to the use of an aluminum unibody, and I have to use a brass brush.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    7. Re:Awesome, duh, and buh, respectively by drinkypoo · · Score: 1

      When robots install parts, they are always designed to be installed by robots. That's how it's done.

      Designed to be installed by robots, and specifically designed to be easier for robots to install are not the same thing.

      No, you don't get it. It's designed to be installed by robots, or it's installed by a human. There's no third way.

      The battery pack on the Model S was installed partially with adhesives, so....

      Not sure how that was relevant. The point here was the the Model S battery pack was designed and demonstrated to be swappable in 40 seconds.

      Nonsense. It was installed with adhesives. You can't swap that out in 40 seconds. There is no evidence that Tesla ever battery-swapped a car outside a demo.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    8. Re:Awesome, duh, and buh, respectively by drinkypoo · · Score: 1

      As someone who has done a transmission swap on an Audi A8

      Please tell me you converted to manual. :)

      No, I'd love to, but I actually got a "parts car" for $300 that was nicer than my car, so I swapped my working engine/trans into it.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  12. Re:Did a project for some car guys.. by LynnwoodRooster · · Score: 1

    Of course, you cannot actually buy those $35K to $44K vehicles right now. However, I can go buy a Nissan or VW EV for $31K right now.

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  13. Re:Did a project for some car guys.. by Anonymous Coward · · Score: 1

    the model 3 does not sale for anywhere near 80k, it starts at 35k and the top end long range is like 44k, note the 44k module is the one that costs 28k to make, so about 16k profit.

    You should check those numbers again. The Model 3 price goes up way higher than whatever you just pulled out of your ass. The top end is about $86k.

    Yes.

    https://www.theverge.com/2018/5/21/17376136/tesla-performance-model-3-specs-price-base-model

  14. But how much do they cost to buy? by wonkey_monkey · · Score: 1

    All those numbers are pretty meaningless if you don't include the cost of the final product to consumers.

    --
    systemd is Roko's Basilisk.
  15. New German hybrid announced by Applehu+Akbar · · Score: 1

    The electric motors are as efficient as all hell, but the charging engine burns coal.

    1. Re:New German hybrid announced by mentil · · Score: 1

      Don't worry, it burns Clean Coal whenever the environmental regulations inspectors stop by.

      --
      Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
  16. Re:Did a project for some car guys.. by Anonymous Coward · · Score: 0

    The $35k starting price is a bit misleading...

    https://www.roadandtrack.com/n...

  17. Pride in my students by Latent+Heat · · Score: 1

    I incorporated programming and testing a logic circuit implemented on an FPGA into a lab course. To motivate including this in the lab to the students, I had them do a comparison with the complexity of wiring 7400-series logic to do the same hardware function. The lab manual was revised to ask them to time themselves doing the wiring manually using a Protoboard.

    TAs taught the lab sections, but I was required to attend lab sections to supply mandatory evaluations of the TAs. Sitting in on one such lab section, I overheard one of the students exercising leadership of his group by calling out, "Take whatever measurement of time we get and double it!"

    I had thought that this element of the lab that I had added was make-work that the students would consider to be lame. But here was one student exercising influence over his peer lab partners, and this man with one statement understood more about engineering practice than anything I taught in lecture section with formulas and circuit diagrams. This student "got" what I was after with the time-to-build exercise.

    It was just so satisfying to hear that.

    1. Re:Pride in my students by Cederic · · Score: 1

      That doesn't make sense.

      "How long did it take you?"
      "The stopwatch said 18 minutes, so it took us 36 minutes."

    2. Re:Pride in my students by Anonymous Coward · · Score: 0

      Sample size of one is insufficient. By doubling the time you account for unknown problems you may get next time, change in skill set by people. etc.

  18. Tesla possibly hoarding cars until July... by ClarkMills · · Score: 3, Insightful

    This could be the reason why "Tesla is still in the process of moving from 3,500 to 5,000-6,000 per week by the end of this quarter".

    Basically they might be stockpiling cars until after the next quarter starts (July) so that the maximum number of buyers can take advantage of the full tax credit.

    1. Re:Tesla possibly hoarding cars until July... by Rei · · Score: 1

      Indeed, both shorts and longs are expecting this. And Tesla making a huge push on Canada supports this notion (since Canadian deliveries don't count toward the US credit).

      I'm sure congress knew when they designed the credit that manufacturers would try to "time" it to maximize their benefit.

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
    2. Re:Tesla possibly hoarding cars until July... by thegarbz · · Score: 1

      Sure because making a loss and constantly re-tooling the factory is exactly what you do when your price insensitive customers get a few measly dollars tax credit.

      They are spending a lot of money trying to increase the production speed only to not increase the production speed and continue burning money by your theory.

  19. No, you can't. by robbak · · Score: 2

    Nissan has Bolts on their books for $31K, but if you walk into a dealer anywhere but California, you'll be given reasons why you shouldn't consider a Bolt, followed by reasons why you cannot. In California, you'll be able to get one only if Nissan hasn't yet reached some legislated environmental quotas.

    If those state laws are done away with, expect the Bolt to disappear entirely.

    VW might produce enough EVs to fulfill their obligations under repatriations for dieselgate, but expect them to try to convince legislators that the reason they haven't sold enough is that their customers don't want them.

    Here's a hint - if you ever hear a car company or salesman talking about how this car will probably be OK for your daily commute, they aren't trying to sell you that car. Talking about your daily commute is to make you bored with the vehicle, so they can then make you excited about the car they want to sell.

    --
    Prediction for end of Universe #42: Fencepost error in Quantum_bogosort.cpp
    1. Re:No, you can't. by LynnwoodRooster · · Score: 1

      Hmmm... I see on local Nissan and VW dealers (Ventura and the Valley) that they have Leafs and e-Golfs in stock - and most of them are under $30K. How about those $35K Model 3s?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    2. Re:No, you can't. by AvitarX · · Score: 1

      Do you mean Chevy and Bolt, or Nissan and Leaf?

      Curious which company is tanking its EV sales.

      --
      Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
    3. Re:No, you can't. by LynnwoodRooster · · Score: 1

      Must be both, because they both make a profit, and we know that companies that are not tanking their sales (like Tesla) must lose money...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    4. Re:No, you can't. by AvitarX · · Score: 1

      How is Tesla tanking its sales? Now I'm even more confused.

      Are you saying both Nissan and Chevy avoid selling EVs?

      --
      Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
    5. Re:No, you can't. by LynnwoodRooster · · Score: 1

      I'm saying that Nissan and VW and Chevy are able to sell lots of EVs for less than $30K, and still make a profit. Yet we hear from Tesla fans that the Model 3 is the best selling vehicle - and they lose money on them. Perhaps the issue is that Nissan and VW and Chevy aren't selling enough, so they still make profit, and Tesla sells to many, so they run a loss. A bizarro backwards world thing...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    6. Re:No, you can't. by Anonymous Coward · · Score: 0

      How do you know they make a profit on them?

  20. Price of the battery by Anonymous Coward · · Score: 0

    $7,200 / 75 kWh = 96 $/kWh. Wasn't it around $1000 a couple of years ago?

    1. Re: Price of the battery by c6gunner · · Score: 1

      That would mean the battery in the Model S cost $80,000. Not likely.

    2. Re:Price of the battery by Rei · · Score: 1

      No, more like $200/kWh.

      --
      Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
  21. Sometimes. by robbak · · Score: 1

    In different places, different amounts of the power are generated from renewable or nuclear sources, right up to 100%. And as the grid becomes cleaner, so will all electric cars.

    And even if the electricity supply is mostly coal, a large coal-fired plant is much, much cleaner than any car's internal combustion engine.

    --
    Prediction for end of Universe #42: Fencepost error in Quantum_bogosort.cpp
    1. Re:Sometimes. by Applehu+Akbar · · Score: 1

      Certainly. But Germany's problem is that its industrial baseload is becoming dirtier, not cleaner, as it gives up modern carbon-free sources of power. As a bonus, the coal it is falling back on the dirtiest, lowest energy density kind. Their anthracite is all gone.

    2. Re:Sometimes. by nasch · · Score: 1

      And even if the electricity supply is mostly coal, a large coal-fired plant is much, much cleaner than any car's internal combustion engine.

      I don't think that's true.

      https://www.citylab.com/enviro...

  22. Re:Did a project for some car guys.. by Rei · · Score: 2

    There's nothing at all "misleading" about starting a production-limited vehicle with the more premium versions and working down from there as production ramps up. Lots of manufacturers do this. Jaguar won't be offering their base i-Pace for a year after the heavily-optioned-out version is on sale.

    It's only where you're demand limited that you have to get the cheapest versions out immediately.

    As for the demand for the base battery, according to polls on the Tesla forums, only about a third of reservation holders want it. And there's no confusion about the tax credit; the fact that Tesla would be running up against the start of the phaseout (which is a long process) has been widely known and discussed from the beginning.

    --
    Jesus: "Son of a ..." OnStar: "I have a son of a ***** on 5th and Clemson." -- "Jesus Christ Supercop"
  23. Scotty imho said that best in 'Relics': by Anonymous Coward · · Score: 0

    http://projectmanagementhacks....

            Lt. Commander Geordi La Forge: Yeah, well, I told the Captain Iâ(TM)d have this analysis done in an hour.

            Scotty: How long will it really take?

            Lt. Commander Geordi La Forge: An hour!

            Scotty: Oh, you didnâ(TM)t tell him how long it would *really* take, did ya?

            Lt. Commander Geordi La Forge: Well, of course I did.

            Scotty: Oh, laddie. Youâ(TM)ve got a lot to learn if you want people to think of you as a miracle worker.

    I thought he'd been more specific on the length of estimates, but I am not seeing it.

  24. Re:Hillary equals epic FAIL. Big Time. by MoarSauce123 · · Score: 1

    That was eons ago. Time to move on and focus on the gazillion Trump failures.

  25. Re: Hillary equals epic FAIL. Big Time. by Anonymous Coward · · Score: 0

    Like lower taxes, more jobs, forcing NK to straighten up and enforce actual immigration policy?

    Yeah, sounds like wins to me.

    Take your socialist Shitlary cunt breath and go back to Commiefornia.

  26. Re:Did a project for some car guys.. by whoever57 · · Score: 1

    the model 3 does not sale for anywhere near 80k, it starts at 35k and the top end long range is like 44k, note the 44k module is the one that costs 28k to make, so about 16k profit.

    Nope. You can't buy a base ($35k) model at this time and probably not for another 12 months.

    The minimum price for a Model 3 is currently $49k, plus $1k for delivery (everywhere in the USA, including Fremont). You can add about $10k to that price today, if you add all the Autopilot options and the larger (and less efficient) wheels, so it maxes out at about $60k today.

    Dual motors and performance options are coming and will increase the maximum possible price.

    --
    The real "Libtards" are the Libertarians!