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Home / Business / Tesla is still not profitable 8 years after the IPO. But it is not alone.

Tesla is still not profitable 8 years after the IPO. But it is not alone.



Since the IPO eight years ago, Tesla's share price has risen nearly 2,000 percent.

But the stock's performance is particularly strong, considering its market value is $ 56.7 billion. surpassed Ford's $ 43.2 billion market value and General Motors' $ 55.5 billion value. This is despite the fact that Ford and GM have several times sold the number of cars that Tesla makes, and has delivered fairly consistent profits over the past few quarters.

And bullish investors point to a number of other companies that have had problems, a profit over the years, some of which have become lenders.

Here is an example:


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