Warning: Tesla appears to be “selling” regulatory credits based on cars TSLA may not have yet sold to people who have not paid for them, gave a fresh, weird explanation for accounts receivable. Q2: a conjured profit to get in the S&P (no surprise there).
thebeartrapsreport.com/blog/2020/07/1…
thebeartrapsreport.com/blog/2020/07/1…
Tesla's TSLA accounting disclosure:
"We recognize revenue on the sale of automotive regulatory credits at the time control of the regulatory credits is transferred to the purchasing party as automotive revenue in the consolidated statement of operations."
Kosher or Tapioca?
"We recognize revenue on the sale of automotive regulatory credits at the time control of the regulatory credits is transferred to the purchasing party as automotive revenue in the consolidated statement of operations."
Kosher or Tapioca?
Translation: “Recognize revenue… at the time control… is transferred to the purchasing party”
Tesla's admission, it’s all in accounts receivable? A lot of work for the multi-billion prize to get into the S&P 500. Isn't it?
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Tesla's admission, it’s all in accounts receivable? A lot of work for the multi-billion prize to get into the S&P 500. Isn't it?
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Is this what our capitalist republic has come down to? The politically well connected, gaming their way into the S&P 500 for a COLOSSAL $1.8B payday, while 31 million Americans struggle to make ends meet on unemployment benefits in a pandemic! Hubris.
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