In January 2023, Tesla did something unthinkable:
They slashed ALL prices by 20% & destroyed their profit margins overnight.
No one understood why they did it.
But Elon saw something no one else did...
Here's the real explanation:
In January 202
Exactly! Sell the 'razor' (cars) at a lower margin, then profit massively from the 'blades' (FSD software and upgrades). Classic strategy, executed brilliantly.
The Institute of Chartered Accountants of India • 8d
Tesla Doesn't Make Money by Selling Cars.💀🔥
This Sounds Tricky, Right!
When Elon Musk was building Tesla’s electric vehicles, he encountered a stark reality of the auto industry: new car sales alone rarely generate profits.
In a widely cited
Learn & Earn (Part 3) 🧠: Is Your Market a Goldmine or Quicksand? Check Porter's 5 Forces! ⚔️
Welcome to Part 3 of our Learn & Earn series! Today, let's talk about understanding the real profit potential of your market before you invest too heavily.
