Hi All, The question I have always had with Tesla is, how can they be profitable? In my view, they are making EVs that seem miles ahead of other carmakers. All of the other car makers so far don't seem very interested in selling EVs. I've seen it said many times that GM doesn't make money from the Bolt, and Nissan's margin is very low if any on the Leaf. All of the other car companies seem to be making EVs just for compliance purposes, and their cars don't come close to what Tesla offers. If the other automakers can't make a profitable EV, how can Tesla? I can understand niche cars like the Model S and X that sell for around $100,000. For that small market, I can see how that would be profitable. The Model 3 was supposed to be the car for the masses, sending them into profitability. I'm really surprised at how many $60,000 M3s they were able to sell. It's amazing what they have done there. But what will happen now? There was a big push at the end of the year by Tesla to sell the high end M3s before the tax credit got cut. They were able to deliver cars to people in very short times at year end. This must mean that the demand for $45,000 and up M3s must have been met. I would imagine sales will be WAY down for all Teslas this year. Of course if they decided to sell the $35,000 M3, then sales would be way up again, but it seems that they don't think they can be profitable selling $35,000 M3s. It sounds like they are saying that Q4 profits were very small if anything. This is with high sales of expensive M3s. How can this be sustained?