Tesla is a growth company. Being "profitable" is irrational and stupid. They should be farming every cent they make into production, borrowing every cent that will be loaned, and selling stock. Why turn a $1.00 into $1.10 this year when you can turn it into $15 in ten years? This is how startups and growth companies work. Profitability is a very narrowminded view of how to run a company.
The goal isn't to turn a profit next year. The goal is to become a bigger company than Apple, to wipe out entire car companies in the process, and to change how we power the cars we drive.
The goal isn't to turn a profit next year. The goal is to become a bigger company than Apple, to wipe out entire car companies in the process, and to change how we power the cars we drive.