AnonymousDeleted UserJuly 23, 2020 at 11:09 am
@justinoh can you help me understand the numbers from TSLA ER last nights? tsla’s profit was only 104m and they sold 428m in tax credits. if you take the tax credit sales away, they were -324m. Am I understanding this correctly? Doesn’t this mean, they were essentially in the red if it wasn’t for ‘big brother’ Uncle Sam handouts?
Before the TSLA mob buries me – I love the car(s) they produce, but the valuation doesn’t make any sense.