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Yup, they're in growth. Just like Amazon didn't have it's first profitable year until 2004. Tesla is in growth phase. They are investing investing investing. Th
by pedalpete 6y ago
Yup, they're in growth. Just like Amazon didn't have it's first profitable year until 2004. Tesla is in growth phase. They are investing investing investing. This is the right thing to be doing at this stage. Other automakers need to invest as well, but they have the legacy profits to write-down, Tesla doesn't.
- bestnameever 6y agoWell, if they are turning a profit it, wouldn't it also mean they could be investing more than they are?