How Do New Energy Electric Vehicles Make Money?

So far, the average gross margin in China is around 15%, while Tesla was a bit better at 30%. However, Tesla has been cutting prices in recent years, bringing the margin down to 20%. The article mentions Tesla again at 15%, while another new concept is selling the autonomous driving system—Tesla charges roughly $1200 per month, whereas domestic (Chinese) vehicles are around ¥400 per month.

Can Tesla Cut Prices by Another $50,000?

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