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ajdelange

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The cars they build need to have a transmission. They need to have wheels. They need to have labor to assemble them. They need to have a clean energy credit. The manufacturer buys the parts and labor he needs and he buys the energy credits he needs. What was the question?
 

Sirfun

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The cars they build need to have a transmission. They need to have wheels. They need to have labor to assemble them. They need to have a clean energy credit. The manufacturer buys the parts and labor he needs and he buys the energy credits he needs. What was the question?
I was agreeing with you. The profits are real, to Tesla. Just like the cost's/loss to the companies paying out the money for energy credits are real.
 

Geo

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I balance my company's books with whatever revenue that comes in, as I see fit, to attain my business goals. Tesla is doing the same thing, on a slightly larger scale.


If you removed the credit sales, Tesla can raise $2b of capital in one day, or $5b as we have seen. It's just moving numbers from one place to another. The goal is the same.
It must be very interesting how you balance your company's books.

I think I believe you, it doesn't matter at all to you !
You've gone from declaring it doesn't matter where the money comes from to make a profit,
to, it doesn't matter if you make a profit if you can dilute the company and sell $7 billion or raise money through debt !

With that sort of free spirited investing / accounting discipline, you must have very broad investment portfolio / choices :ROFLMAO:

P.S. Elon's been selling Not Flame throwers, Hot Pants Short Shorts,
Imaginary Full Self Driving ( I shouldn't laugh at the one, he's sucked me into paying for that too :ROFLMAO:)
Tesla NOT SO ARTIFICIAL INSEMINATION PROGRAM cant be too far away at $69,690 !
Verticaly integrated with Elon's Sperm bank :ROFLMAO:
 

jerhenderson

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These
You’re right there’s many on Wall st, who have not cared, or turned a blind eye, or who where complicit, in all sorts of unethical actions all the way up to out right fraud. Not that I’m suggesting anything at all untoward from Tesla. Not the slightest.

But hey, ask Arthur Anderson if it was important they work out how Enron made profit !
In one sense it was from a legitimate, core activity trading power. But on closer examination not quite so legitimate.

But Yes it’s not enough to make profit, it has to be from core business activities, not side gigs.

So while you may not care if Tesla’s minuscule profit is 100 % due to say charging employees for parking, or from canteen operations, or Elon’s charging the sperm bank for deposits, or carbon credits, Its actually a good idea to care where the money is coming from, primarily to work out, will it keep coming, and by how much or how little, or will it stop all together :ROFLMAO:
(no pun intended, oh ok it was intended just a little)

As the $ 2 Billion in carbon credits sold to FCA, will soon dry up, for reasons I’ll let you not care about.
And that $2 Billion goes 100% to the bottom line.
And that $2 Billion lets Tesla turn a sizeable loss into a disproportionate minuscule profit.

To make that $2 Billion go onto the bottom line the same way the Carbon Credit sale to FCA does, means Tesla has to make that profit from something like 200,000 extra cars sold ! So if you think that’s easy and no big deal, then yep you don’t have to care where Tesla finds its revenue or profit from. But I know one person who does, and that’s Elon . . . . . especially if he had to personally make up the shortfall . . . . .maybe not by selling his whole body . . . but just a few cc’s at a time !


P.S. You may want to ask the S&P committee who rejected including Tesla in the index,
whether they cared where Tesla's minuscule profit came from !
And why they let significantly smaller company's with profits from core activities in !
these aren't shady dollars - this is profit basically handed to Tesla by legacy auto inability to change. Is Tesla smart to capitalize on legacy stupidity? Yep. Does this make the profit by Tesla illegitimate? Nope. Those carbon offsets are paying for GigaBerlin and Terra-Austin.... when the offsets are eventually gone Tesla will have industrial assets and the vehicle volume to drive profit through product sales.
 

Geo

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These

these aren't shady dollars - this is profit basically handed to Tesla by legacy auto inability to change. Is Tesla smart to capitalize on legacy stupidity? Yep. Does this make the profit by Tesla illegitimate? Nope. Those carbon offsets are paying for GigaBerlin and Terra-Austin.... when the offsets are eventually gone Tesla will have industrial assets and the vehicle volume to drive profit through product sales.
$16 mill profit in one quarter, $130 mill in another quarter, etc, its certainly better nothing, and you're right its infinitely useful, overall $2 Billion pure, that goes directly on the bottom line is very useful. Especially if you're making an operating loss from core activities.
And no, no one has suggested its shady, Its just what does that reveal about how core operations are going, and how long will these "freebies" last !

Is ignoring revenue that is 100% pure profit freebies due to Euro regulators,
smart investing /accounting convention . . . . . or is it drink the cool-aid, blind faith Tesla Sycophancy !

Its ok with me, I'm going to enjoy trying to take advantage of the Tesla associated brilliance as well as the Tesla associated evangelical zeal. . . . .

My friends also are sometimes confused, and cant tell how big an advocate or not I am for Tesla !
 

jerhenderson

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$16 mill profit in one quarter, $130 mill in another quarter, etc, its certainly better nothing, and you're right its infinitely useful, overall $2 Billion pure, that goes directly on the bottom line is very useful. Especially if you're making an operating loss from core activities.
And no, no one has suggested its shady, Its just what does that reveal about how core operations are going, and how long will these "freebies" last !

Is ignoring revenue that is 100% pure profit freebies due to Euro regulators,
smart investing /accounting convention . . . . . or is it drink the cool-aid, blind faith Tesla Sycophancy !

Its ok with me, I'm going to enjoy trying to take advantage of the Tesla associated brilliance as well as the Tesla associated evangelical zeal. . . . .

My friends also are sometimes confused, and cant tell how big an advocate or not I am for Tesla !
the carbon credits are paying for Tesla to build its manufacturing infrastucture.... by Wall Street measures its impossible to be profitable while expanding as it has the ridiculous expectation that profit reinvested into a company is loss. Brought to you by the same Street that brought you the housing market collapse because they said they could be trusted to regulate themselves. Wall Street has exactly zero credibility to judge the tesla business model.
 

ajdelange

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I think you need a beginner's guide to investing. I believe there are several.
 

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