Oilerlord
Veteran Member
- Joined
- Apr 7, 2013
- Location
- Edmonton, Canada
- TDI
- 2012 JSW TDI w/DSG. 700 Mile Club. 2008 BMW X3 "Beatrice", 2004 BMW 330Xi, 2014 Mercedes B-Class Electric
Gotta ramp up for 500K+ Model 3's hitting the streets I suppose.
Still, the amount of money Tesla burns is incredible. Based on it's stock price, Tesla is a $51B company but with just $4B in net tangible assets, that lost nearly $2B dollars since 2015, and investors seem to have absolutely no problem with the company losing an average ~$275M per quarter going forward - just to keep the lights on. Tesla has a pipeline to a seemingly endless supply of cash for projects like the one above.
Still, the amount of money Tesla burns is incredible. Based on it's stock price, Tesla is a $51B company but with just $4B in net tangible assets, that lost nearly $2B dollars since 2015, and investors seem to have absolutely no problem with the company losing an average ~$275M per quarter going forward - just to keep the lights on. Tesla has a pipeline to a seemingly endless supply of cash for projects like the one above.