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A comment on Tesla posts big loss, cuts production of Models X and S to catch up on Model 3. Parent comment

Re:Tesla posts big loss, cuts production of Models X and S t... by gjem97 on Thursday November 02, 2017 @09:09AM (#15610040)
Seems like there's a lot of slack given for being new. They have had relative ease raising capital, their market cap is still enormous relative to the number of cars produced, and lots of people are still on the waiting list for a car that they won't get for years.
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Re:Tesla posts big loss, cuts production of Models X and S t... by coldtea on Thursday November 02, 2017 @10:54AM (#15610921)
That's just money burned from people investing -- there's no slack from the market, and none of this does much good if you can't compete on the market.

In the end, unless they get profitable, if they burn their stash, they're toast.

[ Parent | on HN ]