It took Tesla 16 years to become profitable, does Nio have enough cash to last another 12?
At the end of the day, if we get serious about climate, Tesla is the #1 BEV company that's well positioned to actually reap the rewards of green consumers and green regulations.
from your link
> GAAP operating loss of $167M, GAAP net loss of $408M, including $117M of restructuring and other charges
So, no they aren't profitable
The graph on the first page is free cash flow and deliveries not profits.
For fun, I looked at the quarterly net incomes[1] and the profits from the profitable quarters were wiped out in the very next quarter. Heck, 2019Q1 wiped out all profits on its own.
[1] https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-inc...
Cash flow is not profit.