I'm sorry, but losing $30M in one year is bad. Losing $30M for 8 years is excessively bad. Tesla is bleeding cash left and right and its CEO is flying jets to get around while taking in $450M in taxpayer money for loans, and then files for an IPO a week later.<p>Musk (its CEO) had mentioned that Tesla would be profitable in 2009, and that's clearly not the case. Stating that losing $240 million in 8 years is doing "extremely well" is irresponsible to impressionable investors looking forward to Tesla's IPO.