The CEO of Tesla Elon Musk recently talked about how much the car company operates and makes money.
In the response to tweets, Musk said that making the car difficult to be a difficult nut to crack.
Musk said that, “Production is difficult.
Production with a positive cash flow is very difficult.” He further knocked down how the car company made money, “the big petting car maker sells their cars with a low zero margin.
Most of their profits sell replacement parts to their fleet, where 70% to 80% are the warranty of the past.
” Musk Tweet raises response from Anand Mahindra, Chair of Mahindra and Mahindra.
Indian commissions answered Musk said that what he said was something Mahindra did for years.
“And we have done it for decades now.
Still sweating & Saymasi M7OXH2CDJ- Anand Mahindra (@anandmahindra) 1631030660000in Tweet about how the car company made money, Musk further explained that the situation was” like a razor & knife.
New car companies do not have the advantages & sales infrastructure too.
“Obviously, Mahindra agreed with an explanation of a rather concise musk about the challenges facing car companies – both in India, Europe, the US or other parts of the world.
Meanwhile, other Indian companies – Tata Motors – is making a sound over Tesla’s entry in India.
Musk recently said that even though Tesla really wants to drive on the Indian market, there are many problems.
The biggest is the import duty that will make Tesla’s car very expensive and is a deterrent to musk To be launched in India.
There are reports of Indian governments considering reducing the task.
However, Tata Motors opposes the idea as made It is not clear anytime and if Elon Musk pushes its electric car in the country.