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They're declining worldwide and since Musk got the climate change denier elected who did away with CAFE credits at the end of Q3, Tesla is now also no longer a
by thg 9mo ago
They're declining worldwide and since Musk got the climate change denier elected who did away with CAFE credits at the end of Q3, Tesla is now also no longer a profitable company.
- JumpCrisscross 9mo ago> Tesla is now also no longer a profitable company We won’t know this until the end of January [1]. (Tesla turned a $1.4bn profit in Q3.) [1] https://finance.yahoo.com/news/prediction-elon-musk-reveal-tesla-135000075.html https://finance.yahoo.com/news/prediction-elon-musk-reveal-t...
- thg 9mo agoFor the last few quarters, Tesla was only profitable due to their selling CAFE credits. With those gone and their sales declining, it's all but certain that Tesla will post a loss for Q4, unless they resort to some very creative accounting tricks.