4 ms·
not to put too fine a point on it, but tesla has a lot of "gold" in the form of an inflated stock price which is driven by hope and expectations. Tesla has los
by lmg643 14y ago
not to put too fine a point on it, but tesla has a lot of "gold" in the form of an inflated stock price which is driven by hope and expectations.
Tesla has lost money every year for the past four years, and lost $400 million in the most recent calendar year. NYT made $160mm in after tax profit last year.
NYT market cap is $1.3bn.
Tesla market cap is $3.9bn.
attention is gold, and gold is gold. perhaps tesla is trying to make sure they have an explanation for when they miss sales expectations - blame any sales shortfall on the NYT.