Elon Musk sees Tesla Model 3 generating $20 billion revenue with 25℅ gross margin

[Morgen]

[QUOTE]At a special media event for the opening of the Tesla Gigafactory today, CEO Elon Musk made a few comments about the upcoming Model 3. He confirmed the pencil down on the design as reported two weeks ago, and he also elaborated on its financial sustainability as a vehicle program.
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Musk said that once at full production, he expects the Model 3 to generate around $20 billion in revenue per year for Tesla with $5 billion in gross profit (or 25% gross margin).
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[URL="http://electrek.co/2016/07/26/tesla-model-3-elon-musk-generating-20-billion-revenue-25-gross-margin-tsla/"]Source[/URL]