Part 2/7:
At the heart of the discussion is whether it makes sense to use cumulative revenue as a gauge for a company's financial health. Many skeptics argue that cumulative revenue charts can be misleading or irrelevant. However, Stevenson believes these charts are valuable and worth interpreting correctly. For instance, he highlights that Tesla's most recent quarter, Q1 2025, brought in approximately $20 billion—a decrease compared to previous quarters that saw $25 billion increases.