3 ms·
"Tesla also expects to achieve full GAAP profitability in Q3" This is essentially saying "we don't expect to go insolvent". But no company would announce that
by ucaetano 9y ago
"Tesla also expects to achieve full GAAP profitability in Q3"
This is essentially saying "we don't expect to go insolvent". But no company would announce that they expect to go insolvent, so the statement is mostly meaningless.
- jacquesm 8y ago> But no company would announce that they expect to go insolvent, so the statement is mostly meaningless. Musk did just that. Which given this exact situation may come back to haunt him.
- thesagan 8y agoAgreed. That he even said that at all really got my attention. Doesn't inspire confidence.