Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake

Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake | Grist

grist.org 11 Sep '12, 6pm

Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake

Let’s say I give you a million dollars. Cool, you’d say. Probably also: Thanks. And now I say: You need to use that money to make a product. Say, baskets. You’re all, OK, cool, I can make baskets. Good. So you set up a system to make baskets. You invest that million dollars in a factory and some workers and so on (I have literally no idea what goes into basket-making — wicker? straw? whatever) and start cranking out baskets. You decide to sell them for $100 a piece. You make 100 to start, and sell all 100 of them. Boom. You’ve got $10,000 in hand. Not bad. But if Reuters is doing the math, you’re losing $9,900 on every basket you sell. After all, the Reuters reporter would suggest, mansplaining away: You made 100 baskets but it cost you $1 million to make them. That’s $10,000 a piece, from which you only earned back $100. To which you would say: What, Reuters? What? Do you...

Full article: http://grist.org/news/chevy-isnt-losing-49000-on-every-vo...

Tweets

@hentairules » 13 Sep '12, 2pm
@manhack @USM_magistrats @Maitre_Eolas : un contrepoint sérieux, pour déconner ;) [link]
@BlackDogXIII » 13 Sep '12, 7am
This article gave me a couple chuckles. RT @grist: Those claims Chevy loses $49,000 on every Volt sale is wrong: [link]
@jason_kint » 12 Sep '12, 4am
only math that matters 10 months, 4k miles, 0 gas MT @grist Those claims Chevy loses $49k on every Volt sale is wrong: [link]
@Lia_Bia » 12 Sep '12, 4am
Worth a counter read RT @grist: Those claims Chevy loses $49,000 on every Volt sale is wrong: [link]
@EasterLemming » 12 Sep '12, 4am
They assigned research and development costs to the few vehicles so far produced, other errors. [link]
@grist » 12 Sep '12, 3am
Those claims Chevy loses $49,000 on every Volt sale is wrong: [link]
@serpilcr » 12 Sep '12, 2am
RT @WaterWynd: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake @Grist LOL #GOP Speak Correction [link] # ...
@WaterWynd » 12 Sep '12, 12am
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake @Grist LOL #GOP Speak Correction [link] #tcot #dems #p2
@OneWhoAddsLight » 11 Sep '12, 11pm
Rock solid analysis again from RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@jeremymarin » 11 Sep '12, 10pm
.@alannogee - I believe this is in line with what you were saying the other day about the Volt. (Math anyone?) [link]
@whoismitch » 11 Sep '12, 9pm
@WebBarr @gristmill: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] #arithmetic
@mchristo » 11 Sep '12, 9pm
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] via @zite
@ghanscom » 11 Sep '12, 8pm
"Electric cars = the natural gas of the auto world: better than dirtier fossil fuels, but still pretty bad." Amen, bro. [link]
@DoubleYew » 11 Sep '12, 8pm
RT @ghanscom: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake. @pbump puts that one to rest [link]
@ghanscom » 11 Sep '12, 8pm
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake. @pbump puts that one to rest [link]
@pnuts_mama » 11 Sep '12, 7pm
america, please stop being stupid. try. RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@bynumhoekstra » 11 Sep '12, 7pm
RT @chris_coletta: RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@Kodos3 » 11 Sep '12, 7pm
HULK DRIVE CHEVY PRIUS!!! [link]
@idutkay » 11 Sep '12, 7pm
Could media end the #ev bashing pls! Thx @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@TPCarney » 11 Sep '12, 7pm
"conservatives lapped the Reuters report up, .. hootin’ and hollerin’ and shootin’ off the guns Jesus gave them" [link]
@samboykin » 11 Sep '12, 7pm
no duh. RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@Indy_Mode » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@chris_coletta » 11 Sep '12, 7pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@polarscribe » 11 Sep '12, 7pm
Anyone who really thinks Chevy is losing $49,000 per Volt is incompetent to run a business. [link]
@drgrist » 11 Sep '12, 7pm
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@gristmill » 11 Sep '12, 6pm
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] #arithmetic
@alannogee » 11 Sep '12, 9pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@enertweets » 11 Sep '12, 8pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@CPRBlog » 11 Sep '12, 8pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@GildaMundson » 11 Sep '12, 8pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@AkilMarsh » 11 Sep '12, 8pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@room34 » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@danielperlaky » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@erikpennebaker » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@GreenNewsReport » 11 Sep '12, 7pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@hermanwagter » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@exceedingly » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@vermontpenwoman » 11 Sep '12, 7pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@Eradona » 11 Sep '12, 7pm
RT @grist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]
@JDRushmore1 » 11 Sep '12, 7pm
RT @drgrist: Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link] People are so credulous about this sh*t.
@grist » 11 Sep '12, 7pm
Chevy isn’t losing $49,000 on every Volt it sells, for God’s sake [link]