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If net profit was 0.5B, and next quarter they lost regulatory credits, it would make even more sense. Tesla would have a negative net profit next quarter, all e
by bagels 2y ago
If net profit was 0.5B, and next quarter they lost regulatory credits, it would make even more sense. Tesla would have a negative net profit next quarter, all else equal.
- bottlepalm 2y agoCompanies continually changes prices and spending across the board to hit net income targets. Without credits (a small fraction of revenue) the prices of other revenue streams change to absorb it. It isn't 1:1.