Not to mention that Musk admitted that Tesla won’t make a profit until 2020!
they may not make a profit, but their revenue is increasing. They could make a profit right now if they stop investing/developing the business and building superchargers all around the world. You need to look into the details as to why they’re not making a profit, not simply conclude its a bad company because its now profitable. Amazon is a great company yet they don’t make much profit
“Not to mention that Musk admitted that Tesla won’t make a profit until 2020!”
Which mean, “Never”. Business models that need 5 plus years to mature never work out.
I call this the 5/3 plan: The business plan is for 5 years but the author/owner is always out with a stash of cash in 3 years as the plan crashes and burns by year 5.
Musk is no different. He knows tesla is a con and he will be rich and out in 3 years as the plan crashes and burns before 5 years.
The 5/3 Plan is the most common con game used in business. I’ve had the displeasure of being involved in many of them.