Is Tesla profitable? I did a quick search on the internet and found they are still losing hundreds of millions of dollars?
Will they go bankrupt?
- antarcticiceLv 72 months agoBest Answer
While major car makers are now starting to move to electric, Tesla is the baby of Elon Musk, who certainly has a history of doing the unexpected.
The company lost ~1 billion dollars in 2019 but made over 6 billion in revenue. Musk is said to be worth over 20 billion so he could cover such losses for years yet, or he may not, he’s a bit of a loose cannon.