BendiNewsTest: No, Tesla doesn’t lose $4,000 every time they sell a Model S

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This page is currently being developed. This page checks Sustainability Blogs and RSS News Feeds for new content and posts it to here each day. The aim is to share information related to sustainability which is relevant to people living in Central Victoria while also providing a channel for international sustainability information. I am just discovering the Internets information sharing potential. I'd like to help other not so tech savvy people learn how to find interesting and new Sustainability info. Please tell me your favorite blogs or news sources and I will add them to the list.

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Wednesday, August 12, 2015

No, Tesla doesn’t lose $4,000 every time they sell a Model S

Since Tesla’s second quarter earnings report, catchy headlines have been popping up saying the company is losing $4,000 for every car sold. That figure has been arrived at by some simple math: Tesla reported an operating loss of $47 million for April, May, and June, and in that time, they sold 11,532 cars. Divide the loss by the number of cars sold and you arrive at a $4,000 loss per car. Except, as any Chief Financial Officer will tell you, companies are far more complicated than that.

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