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Tesla's profits slide over 70 percent in the fourth quarter
- deleted 2y ago[deleted]
- CamperBob2 2y agoIt's an unconventional approach to business, that's for sure. 1. Sell electric cars to environmentally-conscious customers with healthy incomes 2. Profit 3. Alienate existing customers by appealing to other potential customers who are not environmentally-conscious in the least and who are, for the most part, broke 4. Board of directors: "Inspirational gambit, sir. Here's $50 billion."
- _DeadFred_ 2y agoThe aren't really profiting. Over 25% of Teslas underperforming earnings were from Bitcoin not anything Tesla did. https://cointelegraph.com/news/tesla-600-million-bitcoin-gain-q4-under-new-fasb-rule https://cointelegraph.com/news/tesla-600-million-bitcoin-gai...
- ChrisArchitect 2y agoEarlier: https://news.ycombinator.com/item?id=42871758 https://news.ycombinator.com/item?id=42871758