3 ms·
The most neutral way to put it would be to say "Tesla Reports Loss of $675.4 in 4th Quarter." So yes, there's some hyping going on, to get the clicks from all
by rdiddly 9y ago
The most neutral way to put it would be to say "Tesla Reports Loss of $675.4 in 4th Quarter." So yes, there's some hyping going on, to get the clicks from all the Musk haters.
However, this isn't a team that won the game; it's a team that lost $675M in 3 months. That's not wonderful good news that got manipulated and twisted around by the media. Not even if you use that trick where you make up a number ahead of time and then the reality looks good by comparison.[0]
[0]https://en.wikipedia.org/wiki/Anchoring https://en.wikipedia.org/wiki/Anchoring
Some will say it's an "investment" of $675M. That will become true if it pays off, but currently it's a loss, and will remain a loss unless/until it makes money. Investments vs. "bad investments" (losses) are defined retroactively in other words, and we dont know yet.