3 ms·
> No they don't. Net operating cashflow has been hugely negative for their entire existence and there is no conceivable path to profitability. Sure they do. T
by msandford 11y ago
> No they don't. Net operating cashflow has been hugely negative for their entire existence and there is no conceivable path to profitability.
Sure they do. They're just always spending it elsewhere, like Amazon. Amazon doesn't sell products at a loss, their prices have become much less competitive over the years.
But the lack of profitability at Amazon isn't because the various business units are all operating at a loss. It's because the older units which make a profit finance the new ones that are starting up and not profitable yet.
Telsa may well be taxpayer subsidized and it may blow up. But on 2014 revenue of 3.2b the odds that they're cooking the books are vanishingly small.