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I suggest reading their audited reports and understand their financials instead of guessing (a guess that is completely wrong). https://ir.tesla.com/sec-filing

• niemandhier 3y ago
  It would be great if someone could summarise this or point us to some sensible summary.
  • speedgoose 3y ago
    Tesla has a lot of money and makes a lot of money.
  • lotsofpulp 3y ago
    Net income is the amount of money they pocket. These are obviously very big numbers trending in the right direction. https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-income https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-inc... Net margin is profit margin, which is also already very healthy and obviously trending in the right direction: https://www.macrotrends.net/stocks/charts/TSLA/tesla/profit-margins https://www.macrotrends.net/stocks/charts/TSLA/tesla/profit-... Under assets and liabilities, you can also see cash on hand with very large numbers and trending in the right direction, and long term debt with relatively low numbers compared to profit and revenue.
• TheAlchemist 3y ago
  I did read them, thanks. I can't articulate it properly without sounding like a conspiracy theory, so I won't. Here is a point of view that's similar to mine: https://bradmunchen.substack.com/p/could-tesla-go-bankrupt-the-odds https://bradmunchen.substack.com/p/could-tesla-go-bankrupt-t...
  • DennisP 3y ago
    On the first point about the "aging models," the Model Y is currently the best-selling car in the world, outselling much cheaper cars. It doesn't seem like it's in dire need of a refresh. The Model 3 isn't far behind, and actually did just get a major refresh. The new version is much more refined. Something similar is in the works for the Y, probably about a year out. The article seems unaware of this, saying Tesla should "fully remodel the Models 3 and Y" over "the next four years."