After Tesla Inc.’s lone U.S. assembly plant went offline this spring as authorities in California shut things down to slow the spread of the coronavirus, many Wall Street analysts doubted the second quarter would be profitable.
But then the electric-auto maker delivered a surprising number of new cars and sport-utility vehicles during the three months that ended on June 30, reporting earlier this month a much smaller decline than analysts had forecast. The company’s shares have continued to soar since, in part, on increased...
How if sales, registrations are down and gigafactories 3 & 4 are being built out etc draining cash.....
He’s established a fantastic brand and an even finer product. But I still don’t like the company name. It’s too cheesy for the long term. GM would by wise to buy him out... if they can... *shrug
Stock price is based on discounted value of future income. electric vehicle mass adoption has a bit to go, but it is the future. Plus, removing dealerships helps rationalize future revenue investing finance
Really makes me wonder if they are cooking the books to get that sp500 inclusion so they can make billions and billions.
Tesla = Enron accounting
If Tesla registers profit, it will qualify S&P 500 & will be bigger than 95% S&P 500 companies by market cap.
Go figure, building the best car is good for business.
maybe he SHOULD have a loss,,, teach him some humility
Internet memes=profit
Biggest fraud yet*
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