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They burn it that fast because it brings more money in the future and they have funds reserve. Their net loss is getting smaller proportionally to the revenue c
by aquadrop 9y ago
They burn it that fast because it brings more money in the future and they have funds reserve. Their net loss is getting smaller proportionally to the revenue constantly. They could stop capital investments any moment and be profitable, but that would mean much slower growth later.
- jklp 9y agoNot sure that's the case as looking at this graph from The Verge, their revenues are growing but their losses are also getting larger proportionally to their revenues. https://www.theverge.com/2017/11/1/16593582/tesla-model-3-production-q3-largest-quarterly-loss https://www.theverge.com/2017/11/1/16593582/tesla-model-3-pr...