The company's only options would then be endless capital raises and debt issuances.Tesla reports third-quarter earnings on Wednesday after the markets close, and analysts estimate that the car maker could post a loss of $0.46 per share, versus a hefty profit a year ago of $2.90.
Tesla is selling cheaper vehicles now than it has in the past, but it has been reliably adding about half a billion in revenue each quarter. For bulls, it was only a matter of time before an ascending top-line yielded a more consistent bottom line, assuming Tesla could avoid overspending. Next up, the Model Y, a crossover SUV that could outsell the Model 3 — and, if the pattern holds, also lose money.Bluntly, the way that car companies make money off selling cars is to either price them high and chase affluent customers, limiting volumes, or by building dozens of models, selling big numbers, and extracting a skinny margin from that oceanic slosh of cash.
Who is in panic now ?
was so so idea to sell that fireguns? )
So true.
profgalloway 🍿🍿
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