Re:Tesla announces biggest quarterly loss
by rdiddly on Wednesday February 07, 2018 @08:15PM
(#16329404)
The most neutral way to put it would be to say "Tesla Reports Loss of $675.4 in 4th Quarter." So yes, there's some hyping going on, to get the clicks from all the Musk haters.
However, this isn't a team that won the game; it's a team that lost $675M in 3 months. That's not wonderful good news that got manipulated and twisted around by the media. Not even if you use that trick where you make up a number ahead of time and then the reality looks good by comparison.[0]
Some will say it's an "investment" of $675M. That will become true if it pays off, but currently it's a loss, and will remain a loss unless/until it makes money. Investments vs. "bad investments" (losses) are defined retroactively in other words, and we dont know yet.
However, this isn't a team that won the game; it's a team that lost $675M in 3 months. That's not wonderful good news that got manipulated and twisted around by the media. Not even if you use that trick where you make up a number ahead of time and then the reality looks good by comparison.[0]
[0]https://en.wikipedia.org/wiki/Anchoring
Some will say it's an "investment" of $675M. That will become true if it pays off, but currently it's a loss, and will remain a loss unless/until it makes money. Investments vs. "bad investments" (losses) are defined retroactively in other words, and we dont know yet.