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Tesla Is Playing The Long Game

Tesla has been investing more and more in research and development over the last few years. In the fiscal year ending December 31, 2016, R&D spending hit 834.4 million U.S. dollars, continuing the clear upward trend. Musk and co. are clearly playing the long game, with this positive spending almost mirrored by the financial losses made each period. Although the losses were smaller than expected in 2016 Tesla are still a long way from breaking even.

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This chart shows spending on R&D and losses made by Tesla from 2010 to 2016.

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Share of new medicines in R&D pipeline worldwide 2023, by therapy class
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R&D spending share of top pharmaceutical companies 2023
Top 50 global pharmaceutical and biotech companies by R&D intensity in 2022
Top pharmaceutical companies in R&D spending growth 2022
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Growth rate of R&D spending in pharmaceutical industry by major region 2007-2023
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R&D spending growth worldwide on pharmaceuticals 2017-2030

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