We heard a CNBC bubblehead this morning chiding seasoned tech investor and Tesla skeptic, Roger McNamee, for being to “quarter focussed” with respect to Elon Musk’s car wreck. The jist was that Tesla is a brilliant disrupter that needs time to work its magic and should not be judged by ordinary standards of profitability.
Well, yes, the quarterly look is not a good one. Nor is its 14-year history because it has never, ever generated an annual profit.
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