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A comment on The Collapse of the EV SPACs: Another One Goes Bankrupt, Others on the Verge. Parent comment

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.
[ Parent | on HN ]
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.

[ Parent | on HN ]
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.
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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.

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Re:The Collapse of the EV SPACs: Another One Goes Bankrupt, ... by vel0city on Wednesday August 09, 2023 @03:09PM (#37067146)
Weird, I was using this site to compare:

https://www.macrotrends.net/stocks/charts/F/ford-motor/gross...

[ Parent | on HN ]
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.
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