Do people really think Tesla will actually just run out of money? In this market? The stock could get hammered, sure, but actually not be able to raise funds and go out of business?
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Can we stop comparing Tesla to companies like Amazon, Apple, Google? It is a car manufacturer that so it needs to be compared to Ford, GM, Toyota, etc.
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It's the point you're missing. If a company is unprofitable only because they're dumping a ton of cash into R&D you should look at it differently. Tesla's margins are the same as Ford, GM, Toyota, etc, they're just investing more.
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It goes beyond R&D. Musk spent $3B to bail SolarCity. Spends millions a year servicing people's cars because he gave them ludicrous warranties. Spends millions on producing cars that sit in a lot. Tesla is not a sound business.
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Answer me this: If Tesla weren't producing the Model 3, what would its income statement look like?
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Who knows. I go on what a company is doing not what it could have done. I believe Tesla could be a profitable company. The first thing is to get rid of Musk.
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You need to understand that money isn't being wasted, it's being put into something that will bring even higher revenues down the road. They're not burning cash, they're investing it.
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I guess you misread the bloomberg article that came out today?
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Didn't read it. Did it say that Tesla is investing 10x as much money as other companies? Because that's what's happening.
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