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Some of the 'cost' of building cars is paid for with money from 'tax credits'. It's very clear on the diagram I linked above. You can't attribute 100% of 'oper
by bottlepalm 2y ago
Some of the 'cost' of building cars is paid for with money from 'tax credits'.
It's very clear on the diagram I linked above. You can't attribute 100% of 'operating income' to one thing. If anything you need to attribute things proportional to their inputs. Otherwise it's misleading.
I mean if that's what you want, here you go - https://imgur.com/a/dWrGKuN https://imgur.com/a/dWrGKuN
Then you create a strawman scenario of 'without tax credits...'. Well no, without tax credits the spending policies and prices of other revenue streams change in order to hit net income targets.