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Enrique Dans for dummies

Why Tesla's latest results point to a sustainable future of profitability

28 Oct 2024

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Tesla's recent strong financial performance, including record EV sales and a surge in its share price, is explained by the company's unique business model. Tesla is a vertical integrated company that manufactures its vehicles and key components in-house, giving it control over costs and supply chains. The company does not rely on traditional advertising or dealership networks, allowing it to retain a higher profit margin. Tesla's innovative features, such as over-the-air software updates and a robust Supercharger network, provide its customers with a distinct advantage over traditional car owners. Furthermore, Tesla's vast data collection from its fleet of vehicles is crucial to its development of autonomous driving technology, giving it a competitive edge in this rapidly growing field. This article is also available in English on my Medium page, «Why Tesla’s latest results point to a sustainable future of profitability«

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