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In what sense is Tesla profitable? They've had a few profitable quarters, but no profitable year yet. The graph on the first page is free cash flow and deliver
by kosievdmerwe 7y ago
In what sense is Tesla profitable? They've had a few profitable quarters, but no profitable year yet.
The graph on the first page is free cash flow and deliveries not profits.
For fun, I looked at the quarterly net incomes[1] and the profits from the profitable quarters were wiped out in the very next quarter. Heck, 2019Q1 wiped out all profits on its own.
[1] https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-income https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-inc...