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A comment on Tesla Burns Through Record Cash to Bring the Model 3 to Market. Parent comment

Re:Tesla Burns Through Record Cash to Bring the Model 3 to M... by ckastner on Thursday August 03, 2017 @01:19PM (#14921561)
By that logic, any company not yet bankrupt could be called profitable.

Profit is a reflection of past performance, not future potential.

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Re:Tesla Burns Through Record Cash to Bring the Model 3 to M... by jblow on Thursday August 03, 2017 @02:36PM (#14922388)
By this metric just about every single new business is a failure, including 100% of YC startups. At that point is it a useful distinction to draw?
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Re:Tesla Burns Through Record Cash to Bring the Model 3 to M... by ckastner on Thursday August 03, 2017 @04:19PM (#14923448)
Your conclusion is wrong.

A profit is a realized financial gain. In a given period, income surpassed expenses.

A business failure is a business that has failed, it has ended.

A lack of profit can lead to failure, but in no way implies it.

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