One fact that's not widely appreciated: Tesla is very efficient, and this efficiency is starting to have macro effects such as this. They've been building out their network diligently for over a decade, they have the permitting, assembly, uptime, everything dailed in. Every single dollar of capex they put in the network will get them more connectors and more sites in less time than if EA or any other company will get for that same dollar.
They might also be the only major manufacturer outside of China that can build EVs profitably at scale. 5 years ago the Model 3 had no competitors and today they have plenty, when looking at the spec sheets. But no one has been able to ship the sheer numbers of EVs Tesla has, because they either physically can't or won't do it because can't make money (it's hard to say as legacy autos don't break out their EV divisions)
The Model 3 now costs $40,240, which is $33,400 in 2018 dollars after inflation. That is, they are making comfortable margins on the $35K base model they aspired to when they started selling the model.
They might also be the only major manufacturer outside of China that can build EVs profitably at scale. 5 years ago the Model 3 had no competitors and today they have plenty, when looking at the spec sheets. But no one has been able to ship the sheer numbers of EVs Tesla has, because they either physically can't or won't do it because can't make money (it's hard to say as legacy autos don't break out their EV divisions)
The Model 3 now costs $40,240, which is $33,400 in 2018 dollars after inflation. That is, they are making comfortable margins on the $35K base model they aspired to when they started selling the model.