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Episode 380: New Model Y Variant Becoming Official
Ride the Lightning: Tesla Motors Unofficial Podcast
How Good Has Tesla Become at Making Cars?
The automaker has been able to simplify production and reduce costs with its gigapress machines and mega castings. They are also able to reduce costs by selling directly to the consumer, taking out the expensive middleman, dealerships. In the third quarter, Tesla sold 344,000 vehicles, while Toyota sold 2.62 million vehicles. That equates to an average profit of just under $10,000 per vehicle sold by Tesla, $9,750, and just $1,200 per vehicle sold for Toyota.
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