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My sense about Tesla: They have nearly all of their R&D in the United States, but they have large global footprint with very large factories in Germany and Chin
by throwaway2037 2y ago
My sense about Tesla: They have nearly all of their R&D in the United States, but they have large global footprint with very large factories in Germany and China. I think a lot of the US-based R&D costs can by used to offset US-based income. Also, does "income" mean "profits" in this context? It is unclear to me. They did not clearly define the term.
- JumpCrisscross 2y ago> does "income" mean "profits" in this context? Net income. The article's $2.3bn 2024 "U.S. income" lines up with Tesla's (global) $2.32bn net income (on $1.6bn operating income) [1]. [1] https://www.cnbc.com/2025/01/29/tesla-tsla-2024-q4-earnings.html https://www.cnbc.com/2025/01/29/tesla-tsla-2024-q4-earnings....