More Tesla Battery Savings – Margin
October 1st, 2020LG Chem, CATL and Panasonic make batteries for Tesla. On battery day Elon and Drew pointed out many cost reductions with regards to cell production cost. They spoke about bringing down their dollar cost average.
But these other manufacturers are not selling Tesla cells at cost. There is a margin on top. Tesla would be saving this margin in cell costs as well.
I wonder if there are other cost savings that were left out as well.
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ABOUT THE AUTHOR:I am long TSLA and TSLA options. I am not a financial advisor. Investing in anything comes with inherent risk. This is not financial advice.
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