Tesla loses $108m in Q-4

[elektra]

Yep, Tesla lost another $108 million. Which followed a loss of about the same amount in Q-3, but that was offset my $93 million in subsidies the government pumped into Tesla.

Hopefully the Government will bailout Tesla just like they did General Motors, they are too big to fail.

Tesla loses 108M in Q4 upbeat about 2015

Tesla loses $108M in Q4, upbeat about 2015
James R. Healey,8:46 p.m. EST February 11, 2015
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Tesla Motors (TSLA) said after the market closed Wednesday that it lost $107.6 million in the fourth quarter, or 86 cents a share, worse than the $74.7 million it lost a year earlier.

For all of 2014, the maker of electric luxury cars reported, it lost $294 million, vs. a loss of $74 million for all of 2013.

 

[Mr. H.]

Tesla is in the business of accumulating "clean air credits" because they are more profitable than actual auto sales.

This is also why farm ground is so expensive. Farmers don't purchase "productive acres", they purchase future subsidies.

 

[elektra]

Tesla is in the business of accumulating "clean air credits" because they are more profitable than actual auto sales.

This is also why farm ground is so expensive. Farmers don't purchase "productive acres", they purchase future subsidies.

Kind of like the new Wall Street? Carb Street, government agencies handing out favors and cash in the form of, "credits".