4 ms·
I would say they could be fraudulent, certainly in the gray zone. Their profit in 1H 2020 was just $120M despite receiving $780M from regulatory credits, which
by RivieraKid 6y ago
I would say they could be fraudulent, certainly in the gray zone. Their profit in 1H 2020 was just $120M despite receiving $780M from regulatory credits, which is not sustainable and scalable. If governments stop giving Tesla money, they're deep in the red again.
- TeMPOraL 6y agoThe government gives Tesla money because Tesla is proven to actually pay that money back with interest.
- RivieraKid 6y agoThey're not paying the money back with interest.
- atombender 6y agoYou're moving the goal posts. They're profitable, and the fact that a large part of their revenue is regulatory credits doesn't change that. There's a risk that they may not receive regulatory credits in the future, but we're not there yet.
- RivieraKid 6y agoIf I moved the goal posts, what was their original position? I didn't imply they were not profitable. You're not disputing anything I said.