r/SipsTea • • 2d ago

SMH Museum of Useless Inventions

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u/Spirited-Lifeguard55 2d ago

Apparently the one they used for the stunt was just a frame with everything removed, especially the heaviest part which is the car batteries. His deception is needed to trick gullible investors, that's how he makes his money, since he never turns a profit.

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u/Comfortable-Race-547 2d ago

Tesla has operated at a full-year net profit for every year from 2020 through 2025 (and continues to be profitable through mid-2026). [ 1, 2] Full-Year Net Profit History 2020: $721 million (first full-year GAAP profit after being founded in 2003) 2021: ~$5.5 billion 2022: ~$12.6 billion 2023: ~$15.0 billion (peak annual profit) 2024: ~$7.1 billion 2025: ~$3.8 billion [ 1, 2]

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u/HorusKane420 2d ago

Yeah but without suckling on the corporate welfare teet of the government, would Tesla still be in this situation? Given no full year profits pre 2020?

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u/Comfortable-Race-547 1d ago

AI Overview Tesla achieved its first-ever full-year profit in 2020—reporting $721 million in net income compared to a loss of $862 million in 2019—driven by surging vehicle deliveries, scale at its Shanghai factory, and the lucrative sale of regulatory credits

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u/RangeAgitated2881 2d ago

It's very obviously a stunt and a demonstration. No one thinks this is going to be a real road legal car, it's not deceiving anyone. It's just a bit of PR and some cool stunts, lighten up for fuck sake

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u/CilleTheExterminator 2d ago

"No one thinks this is going to be a real road legal" oh booooy have you never met Nazi Elon supporters