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by psychrometer 2490 days ago
Tesla makes a profit on every car that they sell[0].

There are more people wanting to buy Tesla's than they can currently produce[1].

Telsa needs to spend more money to increase production. They make money on each car sold and they can sell a lot more than they currently do. Tesla being in the red in order to increase production is the same scenario that Amazon was in.

[0] https://www.fool.com/investing/2019/07/26/tesla-management-t...

[1] https://electrek.co/2018/07/03/tesla-model-3-long-backlog-re...