Re:Tesla reports great Q3 results, expects to be cash flow p...
by Mvandenbergh on Tuesday November 06, 2012 @03:33PM
(#4750576)
They did say "cashflow" positive by Q4 though, cashflow is recorded when cash moves, not when revenue accrues.
That is not how GAAP accounting works. You record revenue when you finish building the car and it leaves the factory gate, not when you accept a deposit.