TSLA Net profit each year ( lossing millions) ( in Millions) 2007: -80 2008: -79 2009: -52 2010: -147 2011: -251 2012: -394 2013: -61 2014: -187 2015: -717 2016: -667
First, let's see what other successful investors have to say: David Einhorn: Took a huge short position on TSLA Einhorn has averaged annualized returns of 16.5% over the last 20 years. He's no mug.
Berkshire Hathaway: No long position of TSLA stock Berkshire Hathaway is Warren Company and big than all others
I mean it's common sense, someone else is paying $55 Billion for a company "x" because he thinks that company is "Cool" doesn't mean you should also pay the same amount as you know the fact that company "x" is losing $400-700 million a year.