Profitability judged at any moment in time, difficult to say. They've had a couple profitable quarters, and mostly losses in quarters. Then again, those losses are largely attributed to expanding manufacturing and tech, which presumably could fuel greater profits down the line.
At the end of the day, if we get serious about climate, Tesla is the #1 BEV company that's well positioned to actually reap the rewards of green consumers and green regulations.
In what sense is Tesla profitable? They've had a few profitable quarters, but no profitable year yet.
The graph on the first page is free cash flow and deliveries not profits.
For fun, I looked at the quarterly net incomes[1] and the profits from the profitable quarters were wiped out in the very next quarter. Heck, 2019Q1 wiped out all profits on its own.
At the end of the day, if we get serious about climate, Tesla is the #1 BEV company that's well positioned to actually reap the rewards of green consumers and green regulations.