Post
Topic
Board Economics
Re: Money is an imaginary concept, but humanity is enslaved by it
by
freeyourmind
on 27/03/2015, 02:45:36 UTC
Oh please.  Elon Musk can't even make Tesla profitable.  Have you ever looked at their financials?  Terrible

On a thread where there is criticism given to a our monetary system and money itself, and your input about an example for technological innovation and automation is about money and profits, then you likely missed the point.

Tesla is not profitable and doesn't plan to be profitable for the next few years.  They are having to invest in infrastructure to grow production capacity and distribution, which Tesla has explicitly mentioned takes precedence to being profitable.  He mentioned they're making about 25% gp, which is very profitable for the auto industry.

You've made it clear that you're not a fan of Tesla, but no one needs you to be one.