awoo
Posted a lot
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They're not losing money as such as it's being reinvested heavily, hence no profit. Investors are investing on the potential and tesla/musk has an enormous amount of hype and hope.
As it stands they have achieved quite a lot with promises of more.
That's what they invest in more than the day to day profitability.
Tesla shares are quite interesting as well, they're really volatile and individual shares cost a small fortune. There aren't many companies like this, it's a bit of a phenomenon
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Do Tesla have shareholders? I don't understand how a company would be losing money for so long without the shareholders pulling out ASAP. They do, and there are lots of news articles on Tesla shares, to my mind Elon is a modern age PT Barnum. Since the financial bumfuckery of 2008 there has been misallocation of capital on a grand scale, enabling stuff like TSLA. There is simply no longer ANY requirement or expectation that these new Unicorn companies have or will ever turn a profit, the business model doesn't even need to be sustainable. It's madness but we're beyond the looking glass and i don't know if this is simply just the new norm of shareholder ponzi.
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Last Edit: Jul 5, 2018 4:24:03 GMT by baracus
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Old Fords never die they just go sideways
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vanpeebles
Part of things
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I am eastbound in pursuit of a white Lamborghini, this is not a recording.
Posts: 978
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Not overly relevant to the way the thread has moved, but Tesla related and I thought it interesting and sparked conversations yesterday..... We took the Fug to a local car show, in one of the next villages, run by the rotary club, with a good spread of old cars.... 1902 Chrysler through to about mid 90s with a few exceptions (2018 mustang etc which were parked on the fringes) But pride of place, right in front of the tea and cake in the most prominent position was a Tesla stand, with 6 of them, and also a Renault thing too... Sounds like a rubbish Rotary Club, surely the RX7s etc should of had pride of place?
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