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They're still profitable, and likely will be again this quarter. They also have ~$30B in the bank. Their stock price is in serious trouble, but the company
by bryanlarsen 2y ago
They're still profitable, and likely will be again this quarter. They also have ~$30B in the bank. Their stock price is in serious trouble, but the company itself has several years of runway.
- stingraycharles 2y agoAre there examples of companies that survived a massive fall in stock price but continued to thrive? Tesla is really looking at at least 10x stock price reduction to make things more realistic again and in line with EPS of competitors.
- bryanlarsen 2y agoAmazon's share price lost 90% of it's value during the 2000 Internet crash. I don't think Tesla is an Amazon, but you asked for an example.