Tesla is obviously in a strong growth phase and companies in such a phase, unless they are strictly software based, do not show profits because they are investi

Tesla is obviously in a strong growth phase and companies in such a phase, unless they are strictly software based, do not show profits because they are investing a lot of capital in their growth. For example Tesla's cost to make a model 3 is estimated to be around $28k which they sell for an average of $45k (as a guess, certainly more than $40k). It doesn't make sense to apportion Tesla's cost of new factories onto the "cost of production" of its cars. This is all finance 101.