Re:Tesla Q2 2024 Update [pdf]
by bagels on Tuesday July 23, 2024 @07:20PM
(#41052057)
If net profit was 0.5B, and next quarter they lost regulatory credits, it would make even more sense. Tesla would have a negative net profit next quarter, all else equal.
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Re:Tesla Q2 2024 Update [pdf]
by bottlepalm on Tuesday July 23, 2024 @07:35PM
(#41052161)
Companies continually changes prices and spending across the board to hit net income targets. Without credits (a small fraction of revenue) the prices of other revenue streams change to absorb it. It isn't 1:1.