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Re: A deleted message

Thursday, 09/10/2020 7:16:54 PM

Thursday, September 10, 2020 7:16:54 PM

Post# of 86112
Looking at their statements and balance sheets, I would suspect about 500 million less since they can't sell those credits to GM anymore. Selling those credit was the only profit they made and that how they showed profit over the last 4 quarters. Elon is super smart. No positive quarters for 2 years in the future. He is offering/dilluting unlimited shares till gets the additional 5 billion out of the investors that he announced a while back. He needs that money to become profitable and scalable. Tesla is neither right now. It's all a big show of how they could work, but delivering 20,000,000 vehicles a year like ford or GM are two completely different things. Tesla isnt just an automaker, but the 370,000 deliveries a year in no way justifies a 500,000,000,000 (500 billion market cap, that a stimulus bill...... ) Insane. They'll never reach this high again, it was a cash grab that have tesla the money they need to become a real company.
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