Romit Shah, Nomura Analyst, believes that Tesla will have sustainable profitability.
Tesla is near profitability or at profitability with the increased third quarter car production.
Romit feels that Tesla has a lot more improvement when they start leasing model 3s. Most people prefer to lease cars. They have not started shipping the model 2 overseas to Europe and China.
Tesla does not need to expand its factories until they expand to 500,000 cars per year.
Just increasing deliveries in the fourth quarter should allow them to comfortably reach 100,000 cars in the fourth quarter.
Tesla will be able to sustain sales volume as they add the $35,000 version of the model 3.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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