In a surprising turn of events, Tesla CEO Elon Musk has decided to rehire the entire Supercharger team that he recently fired, effectively halting one of ... Continue Reading →
OK maybe it is, I tried to find out, they had pretty massive deficits 2021 and 2022, but are estimated to have turned a profit in 2023.
But since then there have been a lot of delays and failures with Starship.
So I’m not sure they will be profitable for 2024, But being a privately held company, we can’t know for sure. So I admit I can’t claim they are running deficits.
I think SpaceX is profitable too.
OK maybe it is, I tried to find out, they had pretty massive deficits 2021 and 2022, but are estimated to have turned a profit in 2023.
But since then there have been a lot of delays and failures with Starship.
So I’m not sure they will be profitable for 2024, But being a privately held company, we can’t know for sure. So I admit I can’t claim they are running deficits.