Reply to post: Re: Oracle got there first

Tesla undecimates its workforce but Elon insists everything's absolutely fine

Voyna i Mor Silver badge

Re: Oracle got there first

"In Tesla's case, they need to slow down the cash burn and start turning a real profit."

The problem is that the losses are accelerating, not slowing, over a long period. The two brief periods of profitability just about paid back the preceding quarter after years of red ink. If it was a small company (admittedly it would be long dead) it would be like the owner getting a sizeable cheque and immediately spending it.

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