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For a given month, they probably recognize a portion of the value of cars shipped. So, in July they probably recognized less than $11,881,000 for those particul
by mrshoe 17y ago
For a given month, they probably recognize a portion of the value of cars shipped. So, in July they probably recognized less than $11,881,000 for those particular 109 roadsters.
However, they also recognize a portion of cars sold in July, deposits taken during the month, and probably a portion of the price of cars ordered in previous months that will be shipped in future months, but were built during July.
The amount of revenue recognized for a month is never as simple as (cars_shipped * car_price).
- ajg1977 17y agoYes you're right, it's probably the revenue from future sales that have given them the boost.
- joez 17y agoThey can't recognize that until it's shipped. They might have had deferred revenue in terms of warranty. They probably have to allocate a portion of each sale as warranty and recognize that revenue over the length of the warranty (similar to iPod). Problem with that is it means they would have had defer a portion of revenue this months sales as well... so this theory only holds true if they had sold a large number before this month. Maybe OEM accessories and upgrades (like the Sport Package). Also they might sell a license to an after market shop so they can say they are the official Tesla parts brands.
- jacquesm 17y agoIs that still legal ? I thought that the AA+Enron debacle put a solid stop to that practice.