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Tesla Reality Check?

craigh

Super Moderator
May 19, 2011
1,766
1,253
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Craig
I'm just saying, if I could run a negative cash flow company as long as Elon can, I'd be doing great.
He still needs to get to self-sufficiency in my opinion.
 
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Chris Cachor

3rd Base Coach
Apr 29, 2011
439
206
First Name
Chris
They've been cash flow positive the past couple quarters. Amazon was another company that was negative cash flow pretty frequently. Look at them now. I think the Tesla bashing is irrational now. The auto industry capitulated.
 

Chris Cachor

3rd Base Coach
Apr 29, 2011
439
206
First Name
Chris

This is what happens when you don't have a dealer network. All your working capital is tied up in a parking lot while the economy is on lock-down. For a company that's as capital intensive as Tesla is they're gonna blow through their cash reserves unless they move these vehicles somehow. Unlike most other OEMS they can't record revenue until a customer physically takes delivery :/
 
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Jeff Kershner

Founder
May 1, 2005
3,950
1,438
Awards
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Jeff
Tesla reportedly removing paid-for features after used-car sales

 

Alexander Lau

Banned
Feb 11, 2015
2,493
764
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Alex
This looks interesting. I've met Fisker before. Nice guy...

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Alexander Lau

Banned
Feb 11, 2015
2,493
764
First Name
Alex
https://fee.org/articles/elon-musk-s-economic-truth-bomb-to-joe-rogan/ well I've been saying if there's no economy what's the point?

Elon may have bellowed this but TSLA has been nothing short of a shell game from an accounting perspective lately - yay! he's eligible for the SP500 only because they were able to turn a profit due to the sale of regulatory credits (a record amount for them) and other financial 'engineering'. SO, TSLA is a massive bubble and people are still dogpiling on...