$Tesla Motors(TSLA)$ Tesla auto is profitable. Their manufacturing plants are fully paid for or have assets to cover them and they show a consistent profit. Why get out of a business like that if it isn't causing a lot of capital to be tied up? If they think the other business that they could enter would benefit from the sale of the auto business and would generate higher profits in the short or medium term, it might make sense if a buyer was willing to pay a premium for the auto business. As is, the free cash flow from the auto business is being absorbed by manufacturing buildout of the energy storage business at a rate they can efficiently apply it apparently (Shanghai BESS factory built in less than a year). They are also continuing to increase the auto business with the Semi and perhaps a lower cost model. As long as Tesla can add value to the business and they don't have a better use of capital, it makes sense to keep the business and expand it.
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