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Featured Global EV Sales Report H1 2024 by EV Universe

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by sylvaing, Sep 1, 2024.

  1. sylvaing

    sylvaing Senior Member

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    hill likes this.
  2. bisco

    bisco cookie crumbler

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    Estonia, who knew?
     
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

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    A TSLA stock holder, I know they still sell every EV they make and show an 18% operating profit. In China, they too sell boatloads of EVs with profits. Given my EV is 3x less expensive to run than the previous Prius or my PHEV in gas mode, China reaps an amazing profit as a country.

    Ever wonder why gas is so cheap? . . . China doesn't have to buy so much. They reap a huge economic advantage gas-a-holics don't understand.

    Bob Wilson
     
  4. bisco

    bisco cookie crumbler

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    vdumb is threatening to leave germany because of china, among other reasons
     
  5. bwilson4web

    bwilson4web BMW i3 and Model 3

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    The cost of hubris.

    Bob Wilson
     
  6. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    You can see everybody else's inventory from space too.

    The difference is that they are dealership lots.
     
  7. sylvaing

    sylvaing Senior Member

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    vdump?
     
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  8. bisco

    bisco cookie crumbler

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    You should see the sea of Toyota trucks and SUV’s sitting at my local dealers lot.
    But I’m sure they are mostly sold and waiting for pick up or delivery
     
  9. 3PriusMike

    3PriusMike Prius owner since 2000, Tesla M3 2018

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  10. sylvaing

    sylvaing Senior Member

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  11. bwilson4web

    bwilson4web BMW i3 and Model 3

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  12. Trollbait

    Trollbait It's a D&D thing

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  13. bisco

    bisco cookie crumbler

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    sales = 100
    cost of goods sold = 70
    gross profit = 30
    gross margin = 30%
    operating costs = 20
    net profit before taxes = 10
    net profit margin = 10%
     
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  14. El Dobro

    El Dobro A Member

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    I pass by a Tesla staging area just about every day. The lot fills up and a day or two later, it empties out. I know where they're going, they're all over the roads in NJ.
     
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  15. bwilson4web

    bwilson4web BMW i3 and Model 3

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    There is no "net profit margin" in the SEC filing. Looking at this accounting

    sales = 100
    cost of goods sold = 70 (includes operating costs)
    gross profit = 30
    gross margin = 30%
    operating costs = 20 double counting
    net profit before taxes = 10 included earlier in the report as part of operating costs
    net profit margin = 10% double counting of operating costs and taxes​

    I could be wrong. Find the pages that support this accounting in the Q2 2024 report. Always best to cite the source than imagined metrics.

    Bob Wilson
     
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  16. Trollbait

    Trollbait It's a D&D thing

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    Your post that started this side discussion stated operating profit.

     
  17. bisco

    bisco cookie crumbler

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    my experience is from a private company only, audited by a cpa firm. i have zero knowledge of public filing requirements or tax reporting.
     
  18. bwilson4web

    bwilson4web BMW i3 and Model 3

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    That was before we got in semantics discussion. That is why I posted a page from the Q2 2024, SEC filed, report.

    "Dam it! I'm an engineer not an accountant!"​

    Bob Wilson
     
  19. sylvaing

    sylvaing Senior Member

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    Reminds me of
    lol