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Tesla’s Insanely Awesome Growth Not Impressing People Who Expected Much Worse … Wait, What?
Tesla reported financials for the 4th quarter of 2018 and for all of 2018 last week. The company also gave some guidance for the coming quarters. The results included Tesla's second consecutive quarter of profits, which came after months of Wall Street analysts and the financial media claiming that Tesla was about to run out of cash (and might even go bankrupt), couldn't possibly post a profitable quarter in 2018 (and certainly not two quarters of profits), and would need to raise money again to fund its massive "cash burning" production processes.
Tesla reported financials for the 4th quarter of 2018 and for all of 2018 last week. The company also gave some guidance for the coming quarters. The results included Tesla's second consecutive quarter of profits, which came after months of Wall Street analysts and the financial media claiming that Tesla was about to run out of cash (and might even go bankrupt), couldn't possibly post a profitable quarter in 2018 (and certainly not two quarters of profits), and would need to raise money again to fund its massive "cash burning" production processes.

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- Feb 5, 2019