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>Tesla has not, as yet, either turned a profit This is false. https://qz.com/1734436/tesla-turns-a-profit/ https://qz.com/1734436/tesla-turns-a-profit/
by xedeon 7y ago
>Tesla has not, as yet, either turned a profit
This is false.
https://qz.com/1734436/tesla-turns-a-profit/ https://qz.com/1734436/tesla-turns-a-profit/
- sneak 7y agoAhh, thank you for the correction! I must’ve missed the last quarter’s results.
- aguyfromnb 7y agoThey will lose over a billion dollars again in 2019. Shifting around expenses to post a single quarterly profit isn't a huge accomplishment, is it? If/when they can hit the SP500 we can talk about profit.
- xedeon 7y agoAmazon part deux.
- mcv 7y agoTesla cars are profitable after their initial investment. Every Tesla car has turned profitable as far as I'm aware. The only reason Tesla the company does not make profit is because they use the profits from the previous car to invest in the next car and make it even bigger than the previous one.
- aaomidi 7y agoIt's also pretty stupid to turn a profit because that just means more taxes. You want to always keep your profits at zero.