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Tesla would be profitable if it just sold the Model S. Its burning through cash because of R+D and capital expenditure. e.g. building the biggest factory in the
by codeulike 10y ago
Tesla would be profitable if it just sold the Model S. Its burning through cash because of R+D and capital expenditure. e.g. building the biggest factory in the world in order to make batteries cheaper.
- refurb 10y agoNo it's not. The Model S has a positive gross profit, but if you ignore capex and r&d, the company is still losing money.