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I totally understand the argument for the merger, I'm just saying that this announcement of one profitable quarter (because they sold the ZEV credits) doesn't c
by pilom 10y ago
I totally understand the argument for the merger, I'm just saying that this announcement of one profitable quarter (because they sold the ZEV credits) doesn't change anything about that merger math.
- greglindahl 10y agoTesla also generated cash, even if you subtract off ZEV credits. That's a big deal for a subset of investors, when a significant argument against the merger is that it's going to eat too much cash.