02-01-2023, 05:13 AM
when people talk about tesla profitability and margins do they comprehend that they
<!-- SC_OFF --><div class="md"><p>When people talk about profitability of tesla do they comprehend that they are factoring in full fsd and the technology at this point does not exist and that they are saying oh well well have it eventually anyways so we'll just register the profit now. But every single self driving company has a different strategy and no one has EVER built full fsd ever. And there are estimates that it will be in the 2040s before it's made. Do peoppe understand this? Cause essentially enron did the same thing with their accounting and that's what got them into trouble they counted Capex as profit. So a company can do all sorts of things with its accounting. Also it seems like the feds uber low interest rates which still have inflation at 6 or 7 percent which is 3x 3.5x their target seems to be interesting since that directly is a subsidy to growth stocks since rates are effectively negative 6 percent. Do tesla people understand this or are they just obsessed with a man's confident assertions whose whole net worth is in stock which he makes wild assertions about and has every incentive to do so.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/H94025"> /u/H94025 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10qextn/when_people_talk_about_tesla_profitability_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10qextn/when_people_talk_about_tesla_profitability_and/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>When people talk about profitability of tesla do they comprehend that they are factoring in full fsd and the technology at this point does not exist and that they are saying oh well well have it eventually anyways so we'll just register the profit now. But every single self driving company has a different strategy and no one has EVER built full fsd ever. And there are estimates that it will be in the 2040s before it's made. Do peoppe understand this? Cause essentially enron did the same thing with their accounting and that's what got them into trouble they counted Capex as profit. So a company can do all sorts of things with its accounting. Also it seems like the feds uber low interest rates which still have inflation at 6 or 7 percent which is 3x 3.5x their target seems to be interesting since that directly is a subsidy to growth stocks since rates are effectively negative 6 percent. Do tesla people understand this or are they just obsessed with a man's confident assertions whose whole net worth is in stock which he makes wild assertions about and has every incentive to do so.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/H94025"> /u/H94025 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/10qextn/when_people_talk_about_tesla_profitability_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/10qextn/when_people_talk_about_tesla_profitability_and/">[comments]</a></span>