Re:Tesla Faces U.S. Criminal Probe Over Musk Statements
by ivraatiems on Tuesday September 18, 2018 @02:26PM
(#18017832)
In fairness, it's probably more accurate to say their profitability is not clear.
Their president says they are profitable, and they've claimed that several times over the last few years.[1] However, an expose from the WSJ from 2015 indicated they were quite the opposite then.[2] The Motley Fool suggested in 2017 that SpaceX might be on its way to profitability, but it was still unclear whether they really were or not.[3]
So what I should say is that Tesla is not profitable, and that SpaceX claims profitability, but that the claim is questionable. I'll update my post.
Their president says they are profitable, and they've claimed that several times over the last few years.[1] However, an expose from the WSJ from 2015 indicated they were quite the opposite then.[2] The Motley Fool suggested in 2017 that SpaceX might be on its way to profitability, but it was still unclear whether they really were or not.[3]
So what I should say is that Tesla is not profitable, and that SpaceX claims profitability, but that the claim is questionable. I'll update my post.
[1] http://www.latimes.com/business/la-fi-spacex-shotwell-201805... [2] https://www.wsj.com/articles/exclusive-peek-at-spacex-data-s... [3] https://www.fool.com/investing/2017/11/11/will-spacex-earn-a...