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Teslas dirty little secret: Its net profit doesnt come from selling cars – CNN

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

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Now, he says he’s reopening a factory despite government orders.”},{“title”:”Watch the Tesla Cybertruck’s unbreakable windows break”,”duration”:”01:36″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/11/22/tesla-cybertruck-orig-gr.cnn/index.xml”,”videoId”:”business/2019/11/22/tesla-cybertruck-orig-gr.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/191121212606-tesla-cybertruck-large-169.jpg”,”videoUrl”:”/videos/business/2019/11/22/tesla-cybertruck-orig-gr.cnn/video/playlists/business-tesla/”,”description”:”The Tesla Cybertruck has a range of 500 miles and can tow 14,000 pounds but it remains to be seen if it has customers.”,”descriptionText”:”The Tesla Cybertruck has a range of 500 miles and can tow 14,000 pounds but it remains to be seen if it has customers.”},{“title”:”Analyst: We see good things happening with Tesla”,”duration”:”03:33″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/02/05/tesla-stock-bill-selesky-markets-now.cnn-business/index.xml”,”videoId”:”business/2020/02/05/tesla-stock-bill-selesky-markets-now.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200205133314-tesla-vehicles-model-3-model-x—stock-large-169.jpg”,”videoUrl”:”/videos/business/2020/02/05/tesla-stock-bill-selesky-markets-now.cnn-business/video/playlists/business-tesla/”,”description”:”Bill Selesky of Argus Research’s price target of $808 sparked massive buying into Tesla. 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He says interested investors should “have the stomach to believe” in the volatile stock.”},{“title”:”Elon Musk busts a move in Shanghai”,”duration”:”01:09″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2020/01/07/elon-musk-tesla-dancing-shanghai-orig.cnn-business/index.xml”,”videoId”:”business/2020/01/07/elon-musk-tesla-dancing-shanghai-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/200107115637-elon-musk-dancing-shanghai-large-169.jpg”,”videoUrl”:”/videos/business/2020/01/07/elon-musk-tesla-dancing-shanghai-orig.cnn-business/video/playlists/business-tesla/”,”description”:”Watch Elon Musk dance on stage during a Tesla event at the company’s factory in Shanghai.”,”descriptionText”:”Watch Elon Musk dance on stage during a Tesla event at the company’s factory in Shanghai.”},{“title”:”See Tesla’s new Model Y”,”duration”:”01:19″,”sourceName”:”CNN business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/15/tesla-unveils-new-model-y-lc-orig.cnn-business/index.xml”,”videoId”:”business/2019/03/15/tesla-unveils-new-model-y-lc-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190315011657-03-tesla-model-y-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/15/tesla-unveils-new-model-y-lc-orig.cnn-business/video/playlists/business-tesla/”,”description”:”Tesla unveiled its newest all-electric car, the Model Y at the Tesla Design Studio in Hawthorne, California. “,”descriptionText”:”Tesla unveiled its newest all-electric car, the Model Y at the Tesla Design Studio in Hawthorne, California. “},{“title”:”How Tesla made electric cars sexy”,”duration”:”01:53″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/19/tesla-history-origin-story-orig.cnn-business/index.xml”,”videoId”:”business/2019/03/19/tesla-history-origin-story-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190319155548-tesla-origin-story-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/19/tesla-history-origin-story-orig.cnn-business/video/playlists/business-tesla/”,”description”:”Tesla’s Model 3 was the bestselling luxury car of 2018. But the auto company hasn’t had a smooth road to success. This is Tesla’s origin story.”,”descriptionText”:”Tesla’s Model 3 was the bestselling luxury car of 2018. But the auto company hasn’t had a smooth road to success. This is Tesla’s origin story.”},{“title”:”Tesla’s Model 3 is a top seller. But it’s not the electric car for everyone”,”duration”:”03:16″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2018/10/01/tesla-model-3-car-review-orig.cnn-business/index.xml”,”videoId”:”business/2018/10/01/tesla-model-3-car-review-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180925061817-tesla-model-3-tampa-large-169.jpg”,”videoUrl”:”/videos/business/2018/10/01/tesla-model-3-car-review-orig.cnn-business/video/playlists/business-tesla/”,”description”:”Tesla’s Model 3 was the top selling luxury car of 2018, but is it worth its price tag? “,”descriptionText”:”Tesla’s Model 3 was the top selling luxury car of 2018, but is it worth its price tag? “},{“title”:”Hear some of Elon Musk’s most ambitious predictions”,”duration”:”03:21″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/05/02/elon-musk-predictions-spacex-tesla-orig.cnn-business/index.xml”,”videoId”:”business/2019/05/02/elon-musk-predictions-spacex-tesla-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190319115821-20190319-elon-musk-large-169.jpg”,”videoUrl”:”/videos/business/2019/05/02/elon-musk-predictions-spacex-tesla-orig.cnn-business/video/playlists/business-tesla/”,”description”:”Will Elon Musk’s boldest projects ever come to fruition? See the timeline he’s set out for space tourism, robotaxis and more.”,”descriptionText”:”Will Elon Musk’s boldest projects ever come to fruition? See the timeline he’s set out for space tourism, robotaxis and more.”},{“title”:”Musk opens up about Tesla’s near ‘death’ “,”duration”:”00:53″,”sourceName”:”CNN Business”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2018/11/26/musk-tesla-death.cnn-business/index.xml”,”videoId”:”business/2018/11/26/musk-tesla-death.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180927175137-elon-musk-silhouette-large-169.jpg”,”videoUrl”:”/videos/business/2018/11/26/musk-tesla-death.cnn-business/video/playlists/business-tesla/”,”description”:”In an interview with Axios on HBO, Tesla CEO Elon Musk reflected on the electronic car giant’s recent near “death” experience. “,”descriptionText”:”In an interview with Axios on HBO, Tesla CEO Elon Musk reflected on the electronic car giant’s recent near “death” experience. “},{“title”:”Hear Elon Musk’s bold predictions for Tesla robotaxis”,”duration”:”01:04″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/04/22/tesla-robotaxis-rideshare-elon-musk.cnn-business/index.xml”,”videoId”:”business/2019/04/22/tesla-robotaxis-rideshare-elon-musk.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190422173958-tesla-elon-musk-rideshare-robotaxi-large-169.jpg”,”videoUrl”:”/videos/business/2019/04/22/tesla-robotaxis-rideshare-elon-musk.cnn-business/video/playlists/business-tesla/”,”description”:”CEO Elon Musk says he expects Tesla to have a fleet of self-driving taxis on the streets next year.”,”descriptionText”:”CEO Elon Musk says he expects Tesla to have a fleet of self-driving taxis on the streets next year.”},{“title”:”Investor: Have to take ‘good and bad’ with Elon Musk”,”duration”:”02:41″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2019/03/13/markets-now-elon-musk-tesla-good-bad.cnn-business/index.xml”,”videoId”:”business/2019/03/13/markets-now-elon-musk-tesla-good-bad.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/181108160757-elon-musks-power-cut-00013520-large-169.jpg”,”videoUrl”:”/videos/business/2019/03/13/markets-now-elon-musk-tesla-good-bad.cnn-business/video/playlists/business-tesla/”,”description”:”Ross Gerber, co-founder and CEO of Gerber Kawasaki, explains why his firm is buying up Tesla stock, in spite of Tesla’s many communications issues.”,”descriptionText”:”Ross Gerber, co-founder and CEO of Gerber Kawasaki, explains why his firm is buying up Tesla stock, in spite of Tesla’s many communications issues.”},{“title”:”Tesla cuts jobs to offset Model 3 cost”,”duration”:”01:30″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/01/18/tesla-cuts-workforce.cnn-business/index.xml”,”videoId”:”business/2019/01/18/tesla-cuts-workforce.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/170703164806-cnn-money-tesla-model-3-large-169.jpg”,”videoUrl”:”/videos/business/2019/01/18/tesla-cuts-workforce.cnn-business/video/playlists/business-tesla/”,”description”:”Tesla plans to reduce its workforce by 7% as it works to increase Model 3 production and cut prices. CNN’s Peter Valdes-Dapena reports.”,”descriptionText”:”Tesla plans to reduce its workforce by 7% as it works to increase Model 3 production and cut prices. CNN’s Peter Valdes-Dapena reports.”},{“title”:”Jim Chanos: Tesla falling behind GM, Audi in software”,”duration”:”03:16″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2018/10/18/jim-chanos-tesla-musk.cnn-business/index.xml”,”videoId”:”business/2018/10/18/jim-chanos-tesla-musk.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/181018094617-jim-chanos-tesla-large-169.jpg”,”videoUrl”:”/videos/business/2018/10/18/jim-chanos-tesla-musk.cnn-business/video/playlists/business-tesla/”,”description”:”Short-seller Jim Chanos tells CNN’s Julia Chatterley that Tesla is no longer the technological leader in its field anymore.”,”descriptionText”:”Short-seller Jim Chanos tells CNN’s Julia Chatterley that Tesla is no longer the technological leader in its field anymore.”},{“title”:”See Tesla become airborne for over 100 feet”,”duration”:”00:54″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/cnnmoney/2018/08/31/tesla-flies-down-road-tc-orig.cnn/index.xml”,”videoId”:”cnnmoney/2018/08/31/tesla-flies-down-road-tc-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180902002847-tesla-flies-down-road-tc-orig-00001117-large-169.jpg”,”videoUrl”:”/videos/cnnmoney/2018/08/31/tesla-flies-down-road-tc-orig.cnn/video/playlists/business-tesla/”,”description”:”Security footage shows a Tesla crossing railroad tracks at a high speed and becoming airborne. The driver lost control of the car and crashed.”,”descriptionText”:”Security footage shows a Tesla crossing railroad tracks at a high speed and becoming airborne. The driver lost control of the car and crashed.”}],’js-video_headline-featured-3a4t43′,”,”js-video_source-featured-3a4t43″,true,true,’business-tesla’);if (typeof configObj.context !== ‘string’ || configObj.context.length