Quote:
Originally Posted by JSH
As of 2019, Tesla is still losing money selling EVs.
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I do not think that is true. I think that they made a profit, put money in savings, and managed to build a new factory and tool it up, I believe from their filing that the Model 3 is profitable. Did I miss something?
In fact, I remember analysts saying that Tesla could not keep their high profit margins on each vehicle that they currently have, as it is so much higher than industry standard...
Unless you are assuming some accounting method that I have no idea about (which is possible, as I am not an accountant nor very knowledgeable about financial reporting of corporations).