Re:Tesla Financial Results 2019 Q4
by woodandsteel on Wednesday January 29, 2020 @07:11PM
(#22187534)
Because it has overcome the problems that lead to the losses, and it is set in a number of ways to be highly profitable this year and into the future.
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This company has been unprofitable for ten consecutive years as a public company. That’s a record. I’ll hold my breath on people saying the future will be different.
This is what a speculative bubble looks like. Enjoy popcorn on the sidelines until people start pricing in financial reality. Manias sometimes take a while to fizzle out. Year over year revenue growth is actually flat to slightly negative for the past 2 quarters. If top-line revenue growth continues to stall out, that's often a catalyst for corrections.