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A comment on Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates. Parent comment

Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by nickff on Wednesday February 22, 2017 @06:01PM (#13710084)
Investors are not fools; anyone reading these statements and reports is smart enough to understand the difference between GAAP and non-GAAP. Investors should make up their own minds as to which metrics are useful, just as you have made up yours that reporting the non-GAAP numbers is intrinsically suspect.
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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by idiot_stick on Wednesday February 22, 2017 @06:52PM (#13710393)
>Investors are not fools

I hope you're kidding, because the counter examples to this are endless.

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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by azernik on Wednesday February 22, 2017 @08:09PM (#13710790)
To be more specific - investors often do not do their own homework, and assume that some other hardworking soul has. See e.g. Theranos for a glaring example of this.
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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by jolux on Wednesday February 22, 2017 @10:04PM (#13711301)
Classic bystander effect, really.
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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by tim333 on Wednesday February 22, 2017 @06:17PM (#13710198)
Also the non-GAAP numbers can give a more accurate impression of how the company is doing if done sensibly.
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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by refurb on Wednesday February 22, 2017 @06:55PM (#13710403)
As a whole? Non-GAAP numbers are suspect enough for the SEC to create regulations around. Not every company abuses them, but enough do.[1]

[1]https://www.troutmansanders.com/using-non-gaap-measures--obs...

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Re:Tesla Says Model 3 on Track as Quarterly Loss Beats Estim... by tim333 on Saturday February 25, 2017 @09:30AM (#13731723)
See the latest Berkshire letter for some examples http://berkshirehathaway.com/letters/2016ltr.pdf
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