cwerdna
Well-Known Member
FWIW, it seems investors don't care about Tesla losses and/or assign them to incorrect causes/uses. (Example: They'll cite Supercharger or factory expansion when those are actually capital expenditures and come out of cash. Their cost is amortized (spread out) over time and the spread out amounts are included in cost of revenues.)I was in factory area last summer. The number locals super charging just amazed me. The lines were around the block at one place.
I read where Teslas electric bill was $4.5 MILLION LAST YEAR. That fee was built into the S and X cost for travelers, NOT locals, everyday.
$4.5 million is a drop in the bucket given that they lost $784 million last quarter (search for net loss at Tesla - Current Report) and $2.2 billion in 2017 (see page 64 of Tesla - Annual Report).