Why a Tesla exec is predicting a bright future for the EV maker


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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At the Goldman Sachs tech conference in San Francisco yesterday, Tesla’s (TSLA.) head of investor relations, Martin Viecha, laid out a cheery future for the automaker. His remarks were shared by Business Insider via an attendee at the event. Viecha covered two big topic areas: the costs associated with making EVs, and the outlook for battery technology and the supply of materials. Highlights: Automotive manufacturing gains are key In the car business, gross margin is a big deal, basically measuring how much profit an automaker can extract from each car produced. Thus, Viecha said the per vehicle cost is the...