Re:Tesla rival Rivian posts losses of $1.7B, with worse to come
by arcturus17 on Monday November 14, 2022 @12:37PM
(#33597752)
No, I'm asking whether the truck would be a money-making asset for them. Even a construction contractor or similar would fall into this category.
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Re:Tesla rival Rivian posts losses of $1.7B, with worse to come
by rasz on Monday November 14, 2022 @03:47PM
(#33600779)
Truck in a business doesnt make money, it is a depreciating fixed asset.
Re:Tesla rival Rivian posts losses of $1.7B, with worse to come
by arcturus17 on Monday November 14, 2022 @04:55PM
(#33601788)
So is machinery in an industrial company. The notion that a depreciating asset does not make money is pedantic and better left to classroom settings.