Verdict: False
No matter which type of idiot you are, there's a solid chance you've heard this phrase a handful of times throughout the past several years.
No matter which type of idiot you are, there's a solid chance you've heard this phrase a handful of times throughout the past several years. That's because it's actually a story that makes the rounds literally every year. Every year multiple news stories surrounding Tesla claim, for some reason or another - whether it be the fact that they were burning through cash, that they planned to sell a vehicle for too cheap, or that they're facing some dangerous issue - that they could, should or would be going bankrupt. But the proof is in the pudding -- and the pudding is the balance sheet. In the third quarter of 2025 alone, Tesla pulled in a record $28 billion in revenue, booked $1.4 billion in profit, and was sitting on tens of billions of dollars in cash. Companies actually circling bankruptcy don't post record quarters with a war chest like that. Tesla has proven its detractors wrong time and again, and they're showing no REAL signs of slowing down anytime soon.
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