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Nobody disputes that Tesla currently operates at a net loss. They sell only one product at the moment but incur R&D expenses on several products that are not y
by danhak 11y ago
Nobody disputes that Tesla currently operates at a net loss. They sell only one product at the moment but incur R&D expenses on several products that are not yet shipping in significant volume (Model X, Model 3, PowerPack/PowerWall). They're ramping SG&A in anticipation of those offerings as well.
That is a separate issue than the deliberately misleading meme that the company "loses ~$4K on every Model S they sell"
It's just wrong and completely disingenuous. If Tesla sells an incremental Model S this quarter, the impact on their cash flow is +28K not -4K.