I don't think that can be said about any company let alone one with a -74 gross margin. At best the leadership is showing progress on their operational reset which builds some credibility. But they still burned through $1B in in the quarter and even with the $1.75B further commitment by the PIF only have enough cash to get through Q4 2027. They're accomplishing their short term objectives by producing and selling fewer cars. That's a survival story, not a growth one. It will take billions of additional investment and years before the company comes anywhere close to profitability. And there's no guarantee of that.
