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Tesla is awfully profitable for not being a "real business."
by allears 6y ago
Tesla is awfully profitable for not being a "real business."
- chmaynard 6y agoEquity and profits are different. Tesla has a huge pile of investor money to play with, but are their various business units actually profitable?
- AtlasBarfed 6y agoThird party analysis/teardown of Tesla cars has predicted solid margins for 5+ years now, and there are still a decade of significant year-on-year improvements coming in the pipeline. If Tesla achieves the promise of battery investor day (which really is the average year-on-year double-digit cost improvement in batteries that has been going on in the industry), and does the same with its unibody molding and other components in a vertically integrated market, Tesla will do really well.
- smt88 6y agoQuarterly profitability isn't important if your company overall hasn't become profitable yet. If you got $100B in investment and profit $1B every quarter, that's not great. Disclaimer: don't know actual numbers for Tesla and not in a position to look them up right this second.
- thedrbrian 6y agoTake the carbon credits out and they’re back in the red https://insideevs.com/news/438345/tesla-428-million-carbon-credits-q2-2020/ https://insideevs.com/news/438345/tesla-428-million-carbon-c...
- deleted 6y ago[deleted]
- Benmcdonald__ 6y agoTake out the fact no companies pay for their CO2 pollution and the world is in the red
- aeternum 6y agoJust cancel one of their expansion gigafactories and they're back in the green.