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The source is Tesla's balance sheet. If you remove the credits, they're losing money. But of course, they're spending a lot for things like building factories a
by ra7 6y ago
The source is Tesla's balance sheet. If you remove the credits, they're losing money. But of course, they're spending a lot for things like building factories and scaling up.
- dragontamer 6y ago> they're spending a lot for things like building factories Building factories is CapEx. CapEx does NOT affect profits, only cash flow. Factories indirectly hurt profits through depreciation. But its a very round-about way of doing things. The important thing is that profits / loss is a forward looking statement implicitly.
- andrewmcwatters 6y ago> CapEx does NOT affect profits Yeah, yeah, and paying a mortgage doesn't affect my savings rate.
- dragontamer 6y agoWhat? "Savings rate" is defined as monthly disposable income. Your mortgage absolutely lowers your savings rate. Your mortgage would also affect your cash flow. If we're talking about profit/loss, the interest-portion of your mortgage absolutely affects your profit/loss. Only the principle portion of your mortgage statement is "free" from a profit/loss perspective. Which it is: you can always leverage the principle into a HELOC or other financial instrument if you need emergency cash.
- perl4ever 6y agoTheir balance sheet? Or their earnings statement?