Tesla Motors efficient factory operation

[Kipernicus]

GreenCarReports has regurgitated the Bloomberg article
http://www.greencarreports.com/news/...ikea-furniture

[vfx]

It say Tesla has never been profitable. There was that one month a few years ago.

[Doug_G]

It say Tesla has never been profitable. There was that one month a few years ago.

Didn't they have to show a profit for some purpose at the time? Getting the DOE loan?

Anyway, it's easy enough in just about any business to jigger things to show a one-month profit. Simply delay ordering some stuff for a few weeks, and slide a couple of sales from the previous month, and bingo!

Profit is best avoided, for tax purposes only.

[dsm363]

I believe they had to show a path to profitability and they said they were on that path if it weren't for Model S development which is why they were seeking the loan.

[MarkR]

It is somewhat paradoxical that Tesla's potential for profitability was ultimately enhanced by the recession-based challenges in the automotive industry and the resulting availability of an inexpensive NUMMI facility.