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As much as I agree with you, people said the same thing about Tesla. In other words it may be an uphill battle, but every conglomerate was once a startup.
by OnlineGladiator 7y ago
As much as I agree with you, people said the same thing about Tesla. In other words it may be an uphill battle, but every conglomerate was once a startup.
- scarface74 7y agoTesla is turning a profit now every now and then but they also said that they expect to start having losses consistently going forward as they ramp up manufacturing.
- OnlineGladiator 7y agoTesla has really only ever turned a profit through financial engineering, which is why it's never consistent. Tesla still has a long, long way to go before they don't need to keep raising capital to stay alive. > expect to start having losses consistently This is a very rosy view of Tesla. Tesla has always had losses consistently and will continue to do so for years. They are $13 billion in debt with only $4 billion cash, and a not insignificant amount of their cash is from full self-driving preorders they are still obligated to fulfill. My money is still on Tesla going bankrupt.