That's an important point. Growth is spectacularly cash-hungry, and Tesla is growing at a pretty good clip. For years. Many young businesses would have folded long ago. Tesla is now planning a how-many-billion-dollar gigafactory?
These guys just don't know how to play by the rules. Chris On Nov 12, 2014 12:40 PM, "Ben Goren via EV" <[email protected]> wrote: > On Nov 12, 2014, at 9:04 AM, Lee Hart via EV <[email protected]> wrote: > > > Tesla isn't profitable (yet). > > Not to go all "citation needed," on you, but do you have any details on > that? It's my understanding that they're bringing in more money than > they're spending, but that they still have startup debts to pay off. > They're also spending on capital to expand capacity. If that's the case, > "the man on the street" may well describe them as profitable even though an > accountant or banker might not. But that same lack of profit would > similarly apply to everybody with an outstanding mortgage balance.... > > And, again, I don't have their financial figures at hand or even > necessarily know what I'd do with them if you gave them to me. > > Cheers, > > b& > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > For EV drag racing discussion, please use NEDRA ( > http://groups.yahoo.com/group/NEDRA) > > -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20141112/d626b4e0/attachment.htm> _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
