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Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by _Parfait_ on Wednesday August 09, 2023 @11:40AM (#37064342)
Crystal balls? What is the most profitable american car company? You let me know.
Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by vel0city on Wednesday August 09, 2023 @12:29PM (#37065102)
The comment states Tesla performing well in the future is a given, a guarantee it'll exist in the future. We don't know what will happen in the future, I wouldn't say "x company existing in the future is a given".

It'll probably keep doing very well. It may have some sudden event happen that makes it stumble. I wouldn't even state that the future of transportation in 20-30 years is a given.

I wouldn't bet against Tesla in the next decade or so, but I wouldn't state its future performance is a given. You know, that whole "past performance does not guarantee future results" thing your broker keeps chanting. Unless you happen to have a crystal ball or some kind of time machine, in which case I'd like in on that.

Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by _Parfait_ on Wednesday August 09, 2023 @12:58PM (#37065535)
I'm so tired of the "I was actually making a semantic argument" thing people do to cover their ass. It's so lame.
Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by vel0city on Wednesday August 09, 2023 @01:17PM (#37065793)
Well, the answer to your "What is the most profitable american car company?", the American car company with the highest gross profit in 2022 was Ford.

Maybe you need to polish that crystal ball a little bit more.

Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by _Parfait_ on Wednesday August 09, 2023 @02:29PM (#37066695)
Tesla annual net income for 2022 was $12.58B, a 127.79% increase from 2021. By comparison, Ford Motor annual net income for 2022 was 1.98B, a 111.04% decline from 2021. Please just stop dude.
Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by vel0city on Wednesday August 09, 2023 @02:39PM (#37066808)
> What is the most profitable

> Tesla annual net income

You asked most profitable.

Please just stop dude.

Either way your numbers are wrong.

https://media.ford.com/content/dam/fordmedia/North%20America...

GAAP Revenue 2022 Full Year $158B.

Please just stop dude.

Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by vel0city on Wednesday August 09, 2023 @03:09PM (#37067146)
Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by _Parfait_ on Wednesday August 09, 2023 @03:48PM (#37067516)
I'm not gonna waste my time arguing company financial statements with someone who doesn't know the difference between gross and net profit. You can have the last word. Have a nice day buddy.