Here's a really uniformed hit piece:
Investopedia: Is Tesla losing money every time it sells a car?
With inaccurate and biased reporting like this, no wonder new shorts are taking the places of the smart shorts leaving TSLA.
The article is not only a rehashing of old FUD, it's getting things wrong that even the FUDsters didn't get wrong before. For example:
"Promises to deliver 100,000 vehicles by year-end 2015 fell short as Tesla sold just over 50,000 cars." Nope, Tesla once hoped to reach a production rate of at least 2,000 cars/week by the end of 2015, but it never promised 100,000 cars in 2015. This is just really slopping reporting on top of biased reporting.
Investopedia: Is Tesla losing money every time it sells a car?
With inaccurate and biased reporting like this, no wonder new shorts are taking the places of the smart shorts leaving TSLA.
The article is not only a rehashing of old FUD, it's getting things wrong that even the FUDsters didn't get wrong before. For example:
"Promises to deliver 100,000 vehicles by year-end 2015 fell short as Tesla sold just over 50,000 cars." Nope, Tesla once hoped to reach a production rate of at least 2,000 cars/week by the end of 2015, but it never promised 100,000 cars in 2015. This is just really slopping reporting on top of biased reporting.