---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/24083773.md"
description: "Reply: Full industry chain doesn't necessarily mean profitability. Tesla doesn't have a full industry chain, yet it enjoys the highest profit margin in the industry.//:Reply: I think it's very difficult... BYD's net profit margin is only 5%, and this is under the condition of full industry chain self-research without suppliers taking a cut."
datetime: "2024-09-25T03:09:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/24083773.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/24083773.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/24083773.md)
author: "[dongguaff](https://longbridge.com/en/profiles/7200402.md)"
---

# Reply: Full industry chain doesn't necessarily mea…