> Tesla's financials
Tesla has literally never made a yearly profit in its life. Tesla hasn't even had positive yearly cash-flow for its entire life.
The best Tesla ever got was Q3 / Q4 2018, a very modest profit of a couple hundred-million dollars. But this was very quickly wiped out by Q1 2019 with a $700 Million loss and $1.4 Billion negative cash flow.
Tesla's financials are a complete disaster. Tesla's stock price has absolutely no bearing on its financials. Investors are chasing Tesla's future, they're hooked onto its story and 10-year plan. Tesla investors always ignore the finances of today.