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A comment on Tesla's dirty little secret: Its net profit doesn't come from selling cars. Parent comment

Re:Tesla's dirty little secret: Its net profit doesn't come ... by itsoktocry on Monday February 01, 2021 @02:16PM (#25992394)
>hat's just not good reporting to try and spin that as a negative and Ignore the needed viability of that EV market.

There's nothing wrong with Tesla receiving credits, or even "counting" the credit dollars as profit. It's real cash coming in.

But when you are trying to analyze the financials of the company to determine a valuation, noticing that without the credits (whose accounting is opaque and which won't last forever) they lose money, is important.

[ Parent | on HN ]
Re:Tesla's dirty little secret: Its net profit doesn't come ... by Farfignoggen on Tuesday February 02, 2021 @12:42PM (#26004019)
But the energy Credits where not Hidden in the Tesla Filing so what was Nefarious. There's no Secret there and that's why the credits are there to Help Tesla/Other EV makers become Viable and reduce pollution that's very costly to society in the form of health related costs related to Air Pollution!
[ Parent | on HN ]