4 ms·
That's a nice story, but the numbers don't support the narrative. Tesla's been reporting revenue for 13 years (that I can find). So I took the first 13 years of
by green-eclipse 7y ago
That's a nice story, but the numbers don't support the narrative. Tesla's been reporting revenue for 13 years (that I can find). So I took the first 13 years of both Tesla and Amazon financials. Amazon was breakeven by year 7. Telsa is just losing more money as time goes on. (Apologies for bad HN formatting). Here's the data:
Tesla annual net income, in millions:
Year 1: -$78
Year 2: -$82
Year 3: -$56
Year 4: -$154
Year 5: -$254
Year 6: -$396
Year 7: -$74
Year 8: -$294
Year 9: -$889
Year 10: -$675
Year 11: -$1,961
Year 12: -$976
Q1+Q2 Year 13: -$1110
Amazon annual net income, in millions (rounded):
Year 1: $0
Year 2: -$100
Year 3: -$700
Year 4: -$1400
Year 5: -$600
Year 6: -$100
Year 7: $0
Year 8: $600
Year 9: $400
Year 10: $200
Year 11: $500
Year 12: $600
Year 13: $900