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Also your article is old tesla is making a profit now and will...

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Ankhenaten2

2,307 Posts.

451

16/01/20

12:08

Post #: 42412043
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Originally posted by adent: ↑

yep.
Tesla
19 billion raised
-9 billion in operating cash flow.
https://www.forbes.com/sites/jimcollins/2018/04/25/a-brief-history-of-tesla-19-billion-raised-and-9-billion-of-negative-cash-flow/

FBR
100 million raised (just rounding up for the point of the exercise)
-100 million in operating cash flow.

Don't get me wrong. I would love to have a Tesla for a car. The technology is great.
But at some point a company needs to make a profit. Making a loss cannot continue forever as at some point markets and economies crash drying up investors and revenue. A company already making losses going into a major market or major economic crash is not going to survive.

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Also your article is old

tesla is making a profit now and will continue to do so for the coming 20 years as they phase in the first fully autonomous cars.

FBR Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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Last 2.4¢		Change -0.001(4.00%)		Mkt cap ! $106.5M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.4¢	$22.11K	902.7K

Buyers (Bids)

No.	Vol.	Price($)
7	1488234	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	2053216	1

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No.	Vol.	Price($)
7	1488234	0.024
3	743521	0.023
8	1313236	0.022
9	1868815	0.021
16	3326977	0.020

Price($)	Vol.	No.
0.025	2053216	1
0.026	2779870	11
0.027	3552905	11
0.028	4017864	6
0.029	1185337	4

Last trade - 15.38pm 06/05/2024 (20 minute delay)


Last 2.4¢			Change -0.001 ( 0.00 %)
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