Re:Crew Dragon Docks with ISS
by tenpies on Sunday May 31, 2020 @05:24PM
(#23372864)
> Also Tesla seems to be extremely focused on r&d.
How so? Tesla spends a tiny bit of revenue on R&D and a solid chunk of that is on "research" grants that get converted to manufacturing grants (e.g. the NY plant).
Don't get me wrong, I guess there could be research spending elsewhere since Tesla is notoriously bad at financial reporting (e.g. the only company in history to double its factory count without increasing OpEx, or the only company in history to build a factory with zero CapEx spending), but I'm curious what the "extremely focused" claim is backed by.
How so? Tesla spends a tiny bit of revenue on R&D and a solid chunk of that is on "research" grants that get converted to manufacturing grants (e.g. the NY plant).
See: https://ir.tesla.com/static-files/bbc6e137-897a-4543-857a-59...
Don't get me wrong, I guess there could be research spending elsewhere since Tesla is notoriously bad at financial reporting (e.g. the only company in history to double its factory count without increasing OpEx, or the only company in history to build a factory with zero CapEx spending), but I'm curious what the "extremely focused" claim is backed by.