Scary words, scary numbers, no story

Thanks, Reuters, for ignoring Tesla’s fat gross retail margin — which, in the low 20% range, far exceeds industry norms — and instead presenting the company as “losing” $4k per car. Your advertisers love it! The blogosphere loves it! Well done.

Now, back to reality:

Even click-seeking journalists surely grasp the concept that Tesla aggressively reinvests in itself, just like profitless Amazon. They know Musk warned of “staggering” spending and relentless growth this year. They’re not that stupid. They’re just feigning stupidity to appeal to stupid readers — and, unfortunately, stupid investors.

Investing in TSLA requires iron cojones to tolerate not only the company’s derring do, but journalists’ dumbing down.

Tesla gross margin TeslaMondo

5 thoughts on “Scary words, scary numbers, no story

  1. purrpullberra says:

    Reuters needs to be shamed into acknowledging their inexcusable mistake, idiot shamed I guess would be the phrase. Broder from the NYT has been shamed into shutting the hell up about his lies against Tesla. The NYT doesn’t pull that shit anymore with Tesla though they are far from a trustworthy source on any subject. Maybe they aren’t the WSJ or the NYPost but they are a rag of BS and lies. I had a lot of respect for Reuters until this story. I now think they are not worth much at all either. What a shame.

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  2. […] Tesla’s gross retail margin on the Model S is above 20%, which puts it far above the industry norm. (h/t TeslaMondo). […]

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  3. […] Tesla’s gross retail margin on the Model S is above 20%, which puts it far above the industry norm. (h/t TeslaMondo). […]

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  4. […] Tesla’s gross retail margin on the Model S is above 20%, which puts it far above the industry norm. (h/t TeslaMondo). […]

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