@j_stroik @KlendathuCap @MikeFlo46795160 If I had to guess, the transactions work out as something like: ERAC buys S75D at full price (78k). TSLA books the sale and 20k gross profit under automotive in Q3. @j_stroik @KlendathuCap @MikeFlo46795160 TSLA agrees to rent it at 100/day for at least 300 days before the end of Q319. These rentals get charged to service or SG&A which are basically ignored in a lot of valuations. But it does go some way to explaining Q3 gross margin.