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Tesla is also able to have almost positive cash flow on high margin high demand cars in the middle of a pandemic. The other automakers are leaking money like th
by nickik 6y ago
Tesla is also able to have almost positive cash flow on high margin high demand cars in the middle of a pandemic. The other automakers are leaking money like there is no tomorrow.
Ford, GM, FCA have a thin wedge of the market that is still profitable for them and that market is under attack, with little indication of them being able to make a huge splash in another market. Not to mention a broader shift in car market and transportation that requires massive investment.
If you don't grow, don't make much profit and are risky, meaning a couple of bad quarters almost kill you your stock is not gone be worth much.