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Tesla 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 the
by OnlineGladiator 7y ago
Tesla 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.