Tesla Financial Status After Tesla Q2 Earnings
One of the reasons why I like Tesla in the long run is that there’s a lot of expectations, like FSD, Optimus, ROBOTAXI, but there’s actually a set of things to make that happen.
If you look at Tesla’s BALANCE SHEET after the earnings announcement, it’s a lot of cash at 31B. Of course, the debt is 5.34B, which is about 2.6B higher than last quarter, but the cash is 4B higher, so Tesla’s BALANCE SHEET is great, and it’s still debt-free.
FYI, for Nvidia’s BALANCE SHEET, the cash is 31B, the debt is around 8.46B.
In other words, it has a more healthy BALANCE SHEET than Nvidia.
Tesla has a lot of cash on hand and I think it’s ready to achieve its long-term goals!
[Tesla Research]
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