Feb 7, 2018 - Tesla said it posted a loss of $675 million, or $4.01 per share, in the latest quarter, its biggest loss ever. A year ago, Tesla lost $121 million, or 78 cents per share. After adjusting for one-time items, the company lost $513 million, or $3.04 per share.
It is not possible to post losses every year and maintain the illusion that you will eventually make money... You will not. The Tesla bubble will eventually burst and when it does, all those investors are going to be looking for something in return... And it won't be money because their isn't any money, so somebody is going to jail.
It is not possible to post losses every year and maintain the illusion that you will eventually make money...
Why not?
It worked for Amazon. Starting in in 1994, it was 6 years before they finally showed a small profit. And they didn’t show an overall profit (more total profit than total losses for their entire history) until 2009.