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This is good news, but being cash flow positive over a week is not really an impressive achievement. It's easy enough to game this milestone by rescheduling pa
by codex 14y ago
This is good news, but being cash flow positive over a week is not really an impressive achievement. It's easy enough to game this milestone by rescheduling payments, if they chose to do that.
Even if they didn't, it's such a short time frame it's hard to measure anything because there's so much noise. Will they announce full profitability over a 24 hour period in Elon's next tweet? One hour?
That said, I'm impressed with the early reviews of the car, if not by the massive amount of cash that Tesla lost in the past year.
- jonknee 14y agoI suggest that you start a car company, invent the whole stack, build out a giant factory in Fremont, and a nationwide network of retail outlets. If you're profitable during any part of that exercise, you can then start to talk about it not being an impressive achievement.