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?

1 Answer

  • 2 months ago
    Best 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.

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