After 2 Years Of Spending Lots Of Money, Tesla Finally Turns A Profit

To the untrained eye, numbers on paper can be a strange thing. For a company like Tesla that has really innovated the way that we travel amongst other things, you would think they would be flush with profits. However, the contrary is true when you get a chance to dig into their financial statements and see the company hasn’t turned a profit in two years. You’ve seen plenty of cars on the street donning a Tesla badge and might have even heard that they’ve been selling pretty well, so what gives? Why would this company that seems to be at the top of their game, in reality, find themselves in the red until now?

In the scope of things, most experts agree that the reason that Tesla has not been showing any sort of profit isn’t because they aren’t bringing in income but instead, after they do get money from investors and sales alike, they have been turning said money into research and innovation as to how exactly they can look forward to the future. Therefore, by that logic, Tesla is just getting ready to rule the world and in the future and you shouldn’t really be all that worried just yet about how the brand might look on paper in the short term. In fact, if the company is bringing in too much money and not spending it in order to invest in their future, as far as a simplified explanation goes, something like this could look pretty bad to investors who want long-term profits.

If you follow along in the video below, you’ll be able to learn a little bit more about how Tesla finally decided that it was time to turn a little bit of profit, mostly based on the back of successful Model 3 sales. If nothing else, perhaps this indicates that the future is rather bright for the electric car brand and they should be up to big things as the calendar continues to turn.

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