Quote from: franky1 on April 27, 2021, 06:40:05 PM

when car manufacturers are in the expansion phase they are never profitable
every penny goes into making newer bigger facilities. if they just stored the money. declared it as profit and paid tax on it. they are wasting it

no expanding business makes profit. its how they expand.
paper losses dont equal property losses

heck even trump earned hundreds of millions and only declared a couple thousand in profit (less than a minimum wage waitress would declare)

even bezos under declares his true financial state to pretend he is not making profit

Yes, but Tesla is not your ordinary car company so their business model is a bit more unique than other US car companies. They're a simply a technology company that makes cars, so all their share holders are banking on their battery technology being used to shift the world away from fossil fuels and more towards electric power batteries (presumably based on renewables). Tesla posts all their financials online available to everyone and their shareholders, it was no secret that they were hemorrhaging money. It isn't a bunch of cleaver accounting either, they were nearly broke at one point.