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TopicTesla reports over 600 million dollar loss in last quarter...
Darkman124
11/03/17 8:13:45 AM
#37:


darkjedilink posted...

For a few years. Tesla's been in business for 14, and has never operated at a profit.


Duration of red zone depends on industry.

The fact that they are one of multiple companies run by a single conglomerate owner influences this--Musk redirects profits from more successful industries into Tesla's operating costs. They're financially stable, even if they're not yet turning a profit.

Also relevant parabolic rise in total revenue.

http://www.macrotrends.net/stocks/charts/TSLA/revenue/tesla-inc-revenue-net-income-history
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And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not.
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