>Up until very very recently they were losing money on every car they made For others in the crowd, this phrase is extremely useful for spotting a short seller

>Up until very very recently they were losing money on every car they made For others in the crowd, this phrase is extremely useful for spotting a short seller (or someone who was primarily influenced by the short-n-distort crowd from 2016-2019). This statement is a lie, and was never true. Every car Tesla made was produced and sold at a profit. Their high margins fed crazy growth. You can only get to these bullshit statements by counting their reinvestment into factories as "loss". For example: -Make car for $40k -Sell for $50k -$10k/per car profit -Make $xM in profit from cars for that quarter -Raise $1B to grow based on the above -Spend some of that $1B on factories, such that the total spent of that $1B is more than $xM -Short n Distort campaigners argue that because you spent more than you made, you are "losing money on every car".