Thekiwi
Active Member
Tesla pays $700 million in interest annually? That does not sound right. Can someone with more knowledge than me correct or clarify this?
Just go look at the financial statements, it is right there under “Interest Expense” - was $685 million for 2019 year.
With a $775 million 2019 annual loss, the company was essentially almost breakeven, within $90 million, by GAAP standards if we could exclude interest payments.