Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by rogerkirkness on Thursday August 17, 2023 @05:01PM
(#37167996)
Tesla accumulated surplus/deficit (e.g. lifetime net consumption of cash) is much higher than it's lifetime gross burn ($6B) so it's definitely in material value creation territory.
Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by marvin on Thursday August 17, 2023 @05:22PM
(#37168287)
This has also been clear to dedicated observers since 2017 or so, albeit with significant unresolved risk. The market finally priced it in around 2019-2020.
Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by JumpinJack_Cash on Thursday August 17, 2023 @06:35PM
(#37169127)
> > Amazon lost a shitload of money before it started turning a profit
Amazon businss model was/is based on selling books/toys etc. online. Basically Walmart but online + obsession over customer and improving the quality of life of the customer + AWS Cloud.
Tesla business model is based on the political choice to do away with fossil fuels. They aren't the same.
Tesla is the product of a centrally planned economy because the avg. person didn't jumpstart the Tesla/EV phenomenon. Matter of fact when the avg. person is left free to choose with their wallet they stil buy ICE cars, despite all the billions in subsidies, funny math and psyop over the population.
Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by misiti3780 on Thursday August 17, 2023 @07:12PM
(#37169518)
How does this refute my point?
Most tech companies lose money before they make money. Amazon lost a shitload of money before it started turning a profit, now Jeff Bezos is the 2nd richest person in the world.