I'm combating the "aggressive expansion" meme that people don't understand.
Tesla could stop ALL R&D they're doing and they will still be an unprofitable company.
Tesla could stop ALL R&D they're doing and they will still be an unprofitable company.
> > They make a net profit on their cars, but they are currently investing it all into aggressive expansion
> Citation needed.
The citation is right in the statement. They make a gross profit, which means they make a profit on their cars. The in turn spend more on activities that do not involve getting cars to customers. The activities that cause the company to have a net loss are not "cost of revenue" activities. Presumably the majority of that non-revenue expense involves expansion of the company.