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>The small profit it reported came from selling government sponsored emission credits to other manufacturers. If you don't make the vehicles you can't get the
by hnburnsy 1y ago
>The small profit it reported came from selling government sponsored emission credits to other manufacturers.
If you don't make the vehicles you can't get the credit.
- jqpabc123 1y agoSales and production dropped 16%. Profit from sales dropped 70%. Without emission credits/sales, they would have reported a net loss. Not at all in line for a "growth stock" with a P/E of 150.