Tesla is not a company that wanted to nor needed to be cash flow positive until now. They raised cheap capital and applied it to grow their business faster than

Tesla is not a company that wanted to nor needed to be cash flow positive until now. They raised cheap capital and applied it to grow their business faster than bootstrapping would have allowed. Which is why the point about margins is so crucial. No one anticipated such great margins on an electric car. The tear down analysis demonstrates that the $35k standard-range Model 3 is not a unicorn, but will be profitable to make and sell once the production lines have any slack at all at the higher price points.