I searched because I swear I got the link from here (maybe it was just on my YouTube feed), but couldn't find anything.... This new vid by Solving the Money makes me more pumped up than ever!
This video highlights a few sections of a podcast Ron Baron recently had with Bloomberg. Baron made the enlightening comment that if, say, you bought a McDonald's franchise for $1 million dollars, worked your tail off for a year, and in that first year you made $250,000, you would've been very happy as an investor with your 25% return. But in comparison, Tesla's China factory, which cost $1 billion, already made $2.5 billion for the company (I don't know if this is pre-tax, post-tax, etc, I'm simply repeating what Baron said), an astounding 250% return in year one!
Funny how the bears are always poo-pooing Tesla's regulatory credits as one-time events. But what they fail to mention is that the approximately $1.1 billion of credits Tesla has received/is going to receive from FCA will pay for one whole factory. And that factory is not a "one-time event" that goes away. No, the factory keeps generating billions in profits for years to come. And that's just for one factory, purchased for Tesla, and by their competition no less.
