Ann: Quarterly Activities and Cashflow Report, page-321

Im starting to understand why musk wants to take tesla back to a private company, you cant blame the board every time you buy shares in an inflated company, maybe the market cap today actually reflects a company without revenue.
The board set their goals and aim to achive their goals, the share price is set buy the share holders buying and selling, NOT THE BOARD.
Also i don’t expect the majors to be sinking every dollar they earn into this stock, they already own a large holding maybe they want to diversify like the rest of us, maybe they want to throw some money into nickel