Tech Stock or Car Company? How Tesla Really Makes Money
What is Tesla (NASDAQ: TSLA)?
If you ask most folks -- rational, objective investors in particular -- I think most of us would agree that Tesla is a car company. Sure, if you want to get specific, Tesla is an electric car company, but it's a car company nonetheless. And yet, from the ranks of Tesla's devoted fan base, the rebuttal comes loud, clear -- and immediate:
"Tesla isn't an electric car company" at all! Tesla is in fact "a technology company" and "an iconic, revolutionary brand specializing in making the customer and user experience sublimely frictionless." (Seriously. When I searched for "Tesla isn't a car company," that's literally the first result that popped up, in a Medium article from independent design publication UX Collective).
Source Fool.com
