CGX car nut:
lukestern:

https://www.reuters.com/article/us-tesla-stocks-shorts/tesla-short-sellers-2-billion-in-the-red-for-june-as-shares-soar-idUSKBN1...

No doubt that the short sellers will do everything in their power to put Tesla in bad light. Lot's of nasty examples "out there".

What does this have to do with the contradictory statements made in Musk’s own email to Tesla’s employees?


Where did I say that it had to do with the email to employees?

But speaking of that. I think it makes perfect sense and not sure what the contradiction is? Actually it is in line with what has been communicated ever since Teslas journey started. All companies growing at that speed will employ with redundancy and now is a good time to move to a more efficient and streamlined organization. This is not new either since Elon communicated this already at the Q1 call.

Off course Tesla needs to be profitable to continue their business and we all know that the coming year is critical and sort of make it or break it. The past 15 years has not been that in the same way.

"Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us. What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable. That is a valid and fair criticism of Tesla’s history to date."