finman100 wrote:yay! more lies! it's called re-investment for the future. something other auto makers could look into. or not.
..(Disclosure: We own shares in Tesla.)...
oh. and good luck on the shorts...
Here's a more recent opinion, from a TSLA short, which a rational reader might find persuasive:
Tesla Is 'Structurally Unprofitable,' Chanos Says
Tesla Inc., a perennial target of short sellers, is “structurally unprofitable” with a “way too leveraged” capital structure, said famed investor Jim Chanos.
“Three years ago, this company was supposed to be making money now,” Chanos, who’s betting against Tesla shares, said in an interview Thursday on Bloomberg Television. “Now it’s supposed to be making money by 2020. And I’m guessing by 2019, we’ll hear about 2025.”
Chanos, who bet early on energy company Enron Corp.’s failure, said the electric-car maker run by Elon Musk is behind on autonomous driving technology and rushed the Model 3 to market to appease investors. SolarCity Corp., the solar installer Tesla acquired in a controversial deal last year, is about a $1 billion drain to shareholders annually, he said...
“This stock, probably more than almost any other, is a poster child for the hopes and dreams of this bull market,” Chanos said.
https://www.bloomberg.com/news/articles ... hanos-says