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Bo McGillacutty
The Electric Viking
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Comments by "Bo McGillacutty" (@Mrbfgray) on "Ford's CEO petrified by what he saw in China after this happened..." video.
Speaks to gross inefficiency, Tesla is profitable at 140k total employees globally, BYD breaks even.
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@rap3208 Yeah sure and he's scared stiff of failing GM, VW...you name it. How do you get so detached from reality? Drugs? Emotional needs dictating your beliefs? If it feels good believe it, I guess.
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@888YangJi More models is what VW and other failing legacies do, it's part of the reason BYD is unprofitable on BEVs. The Model Y has been the best selling car of any kind for 2 yrs running, globally. Tesla has the highest profit margins of any mass produced cars while BYD barely makes a profit on BEVs. BYD very impressive and they make money on phones, etc, not BEVs. They will, like everyone else, have to license autonomous hardware and software from Tesla which will make 90% plus profits on it. There is very little overlap between BYD and Tesla, they are more partners than competitors. Tesla doesn't play in the tiny cheap death trap car space yet. No one will want to buy a car that can't drive itself in a few yrs and ONLY Tesla has the general solution which is incredibly difficult to duplicate. Others will eventually get there but it's winner takes most. Car profits will be multiples higher by end of decade for Tesla but only a rounding error compared to robotics and the rest.
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@celanian8188 BYD's BEV margins are near zero while Tesla maintains highest margins in industry. If ifs and buts were candies and nuts, we'd all have a merry xmas. BYD does not have good access to N. America but they are subsidized by the CCP.
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