Elon Musk Interviewed on China, FSD, & More + Tesla ROIC, Investor Sales (09.29.21)
Tesla Daily: Tesla News & Analysis
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Is Tessa's Return on Invested Capital Going Up?
The long term nature of those investments takes time to then flow through in a metric like return on invested capital, somy favorite metric. So if your investments aren't actually generating operating profit yet, like tesses didn't for so many years because of the long lead time for that, then it's going to look bad. But as that operating leverage finally comes through, all of a sudden youre return on invested Capital sky rockets. And yet, i would say im very confident that that is going to continue to increase.
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