Re:Tesla Burns Through Record Cash to Bring the Model 3 to M...
by zamalek on Thursday August 03, 2017 @02:17PM
(#14922196)
Tesla is polarizing and, as always, both camps are making equally absurd statements:
> $5-10B Losses
$5-10B expenditure.
Which has not yet been shown to be a profitable decision, but unless the product flops it's not a loss either. $5-10B is merely a number that we're uncomfortable with - it is likely a necessary number because Tesla is now racing to grow in the EV market before bigger players (BMW, Toyota, etc.) enter it.
> $5-10B Losses
$5-10B expenditure.
Which has not yet been shown to be a profitable decision, but unless the product flops it's not a loss either. $5-10B is merely a number that we're uncomfortable with - it is likely a necessary number because Tesla is now racing to grow in the EV market before bigger players (BMW, Toyota, etc.) enter it.