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Tesla uses profits as a weapon
Source: Analysis: Tesla uses its profits as a weapon in an EV price war | Reuters
Tesla earned $15,653 in gross profit per vehicle in the third quarter of 2022 - more than twice as much as Volkswagen AG (VOWG_p.DE), four times the comparable figure at Toyota Motor Corp (7203.T) and five times more than Ford Motor Co (F.N), according to a Reuters analysis.
The nerve! What are they, capitalists?
Bob Wilson
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