Well, I hope they all tank together.
$56 billion is an unfathomably large amount of money. Tesla sold 1.8 million vehicles last year. Doing math (poorly), that's $31,000 per vehicle! If statista is accurate, only 5 states take in more tax revenue than $56 billion.
But sure. The world's richest man deserves that money for- checks notes... tanking sales and the smashingly successful cyber truck.
For so many reasons this payout is incredibly stupid.
Wait so Tesla is losing money on every model 3 they sell then. The base model 3 is about 40k. Even assuming a 200% markup the cost to build one would be about $15,000. If Elon is taking $31,000 out of the net then each car is a loss of a few grand on every one.
P.S. yes this is a logical extreme, but is an interesting one.
So Tesla share holders are stupid!
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