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re: Tesla.....Tech vs Financial Realities.....Discuss The Investment Thesis
Posted on 8/24/16 at 5:41 pm to dabigfella
Posted on 8/24/16 at 5:41 pm to dabigfella
Financials are a mess, hard pass.
Posted on 8/24/16 at 5:50 pm to Prosecuted Collins
that is true,but the stock market is a forward thinking vehicle and the stock has been basing over $200 for 3 years now with continued dilution. This isnt exactly a retail name, so im curious what is holding it up here and what they see this becoming. Amazon had the same things said about it for years as being not profitable,etc.
what I dont get is how solar city is such a black hole losing money when customers like me gave them nearly $20k to install a few panels, in my case 23, on my roof? I've read online tesla loses $19k/car? How is that possible? Are these accountants doing trickery with numbers or are these real genuine losses? Im a business owner myself and my accountant is a wizard and what I show as a profit is significantly less than I actually generate and Im curious if this is the case with tesla. I just cant see how elon musk would devote so much into all this forward thinking stuff, especially the gigafactory without plans for immense profits
what I dont get is how solar city is such a black hole losing money when customers like me gave them nearly $20k to install a few panels, in my case 23, on my roof? I've read online tesla loses $19k/car? How is that possible? Are these accountants doing trickery with numbers or are these real genuine losses? Im a business owner myself and my accountant is a wizard and what I show as a profit is significantly less than I actually generate and Im curious if this is the case with tesla. I just cant see how elon musk would devote so much into all this forward thinking stuff, especially the gigafactory without plans for immense profits
This post was edited on 8/24/16 at 5:57 pm
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