The reality is that Tesla's profitability is still full of caveats, according to Vicky Bryan, the founder of the research firm Bond Angle. Based on her reading of the company's financial filings, its American business is in ugly shape. Without a hand from electric-vehicle credits paid by combustion-engine carmakers, and without income from Tesla's China operations, Bryan calculates that the company's US operations would've lost $2.4 billion last year.
Stock-based compensation is a nifty trick that allows companies to add employees' stock back to its balance sheet instead of having to pay those workers in cash, which would be booked as an expense. This makes a company look healthier — as long as its stock is going up. If the company's stock is going down, the amount of stock owed can suddenly become an albatross. Guess which one it is for Tesla.
for electric-vehicle production. If a company goes over that benchmark, it is given credits by the government for the"excess" EVs it produced; these credits can then be sold to other manufacturers that have failed to hit the regulatory goal. Given that Tesla only makes electric cars, it hasto other carmakers. But as the EV market continues to grow, this income will dwindle as companies regularly clear these benchmarks and have less need for Tesla's excess credits.
members that there's no way the country will meet its 5.5% GDP growth goal for the year, and that it may experience no growth at all in the second quarter.
Business insider and Lenette loser Lopez are hilarious.
Business Insider is in a vendetta against Elon Musk Why? Twitter?
stoolpresidente 👀
And ..another BI hitpiece on Tesla and Musk.. You must getting paid pretty well to drop appearances and just show how deep is your corruption
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