Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by dd36 on Thursday April 25, 2019 @01:25AM
(#19745273)
TSLA is the exact same position as AMZN a decade ago. They don’t need to make profits. They need to invest in assets and scale, which is exactly what they’re doing.
[ Parent
| on HN ]
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by Gudoguru on Thursday April 25, 2019 @04:54AM
(#19746233)
Except AMZN was cash positive and their lack of profitability was due to the fact that they were investing money they were generating from sales. TSLA on the other hand have to raise money from the market to fund their operations, let alone invest in assets and scale. The two companies are not in the exact same position
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by dd36 on Thursday April 25, 2019 @11:12AM
(#19748998)
Amazon used and still uses debt...
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by oblio on Thursday April 25, 2019 @04:50AM
(#19746218)
Amazon basically never lost money (or at least not in a material way). That's different.
Re:Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag
by dd36 on Thursday April 25, 2019 @11:15AM
(#19749026)
It's not different. Not even a little bit. TSLA has sold equity and debt to pay for assets to scale. It does not lose money on its sales. AMZN sold equity and debt to pay for assets to scale.