Quote:
Originally Posted by evanevery
They are simply in the enviable position of a very successful company who's continually working to try to catch up with ever accelerating demand.
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successful companies make profit. tesla is bleeding cash. they lost 700M in cash last quarter. they do make revenue, but they spend way more than they make, and musk has to promise crazy things years out just to fund the current quarter's losses. because without preorders, their checking account would be empty this summer.
amazon went years before making profit. but tesla's cash burn rate is hotter.