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Anonymous
Tesla reported its fifth consecutive quarterly profit on record revenue of US$8.8 billion
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Justin Mok
22 Oct 2020
Bachelor of Business Management at Singapore Management University
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Been with Tesla since mid-2019. That is when Elon Musk was constantly challenged for his lofty goals, inaccurate deadlines, and profitability playing into question.
Fast forward to 3Q2020, though Reg Creds exceeds GAAP NI, my long-term theses still holds. Superior battery technology and cost-leadership, FSD/software integration, the clout power and cachet of the Tesla brand. Though I hate to admit this, the story of Tesla and its Founder still plays a hugely compelling reason to purchase a Tesla EV compared to the automaker manufacturers.
Let us look in decades, not in quarters.
I am more excited about Tesla's FSD by the end of 2020, looking forward to it!βββ