Tesla May Lose Money Building Electric Cars, Or It May Not
![Tesla Store Los Angeles [photo: Misha Bruk / MBH Architects]](https://i0.wp.com/images.thecarconnection.com/tmb/tesla-store-los-angeles-photo-misha-bruk-mbh-architects_100449435_t.gif?w=90)
One of the most contentious points in coverage of electric-car maker Tesla Motors is its financial performance. On the one side, analysts and naysayers note that the company continues to lose money. CEO Elon Musk himself has admitted that the company won’t turn a profit using Generally Accepted Accounting Principles (GAAP) until 2020 or later… …read more