[zionic]

>Up until very very recently they were losing money on every car they made

For others in the crowd, this phrase is extremely useful for spotting a short seller (or someone who was primarily influenced by the short-n-distort crowd from 2016-2019).

This statement is a lie, and was never true. Every car Tesla made was produced and sold at a profit. Their high margins fed crazy growth. You can only get to these bullshit statements by counting their reinvestment into factories as "loss".

For example:

-Make car for $40k

-Sell for $50k

-$10k/per car profit

-Make $xM in profit from cars for that quarter

-Raise $1B to grow based on the above

-Spend some of that $1B on factories, such that the total spent of that $1B is more than $xM

-Short n Distort campaigners argue that because you spent more than you made, you are "losing money on every car".

[chx]

I never ever trade individual stocks , that's not for ADHD people. My savings rest in unmanaged index funds.