In many interviews Elon Musk has publicly stated that Tesla's future almost exclusively depends on automation of car driving, on producing fully autonomous vehicles.
So the question beckons: What is the value of producing electric cars, then? The main business of Tesla, currently.
Wolfteam Ltd.'s corporate view is that Tesla's intrinsic worth is 120 billion USD which is almost exclusively the value of the electrical engineers, software engineers, artificial intelligence, machine learning specialists, financiers working for Tesla Inc.
The average tax subsidy for a Tesla car is 7 500 USD according to media reports, while the average price for a Tesla vehicle is around 34 000 USD. Which means Tesla is losing more than 20 cents on every USD in revenue it receives.
Tesla's net profit margin is minus 20 %, that is.
In short, Elon Musk openly saying Tesla's value is based on future autonomous vehicles, makes one wonder why has Tesla been producing electric vehicles for 10 years since 2013, in the first place.
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