`
Tesla Inc. missed earnings estimates for the fourth quarter. The bigger issue is that the miss would have been even worse if Tesla hadn’t pulled a couple of levers. Another big slug of greenhouse gas credit sales combined with an unusually large dollop of “other income,” due mostly to an accounting change related to Bitcoin holdings, added up to $1.5 billion. Tax-adjusted, that’s half of Tesla’s entire earnings. These earnings aren’t just weak but low quality, too.
'
https://www.bloomberg.com/opinion/articles/2025-01-30/tesla-s-awful-numbers-put-musk-back-into-campaign-mode
Tesla Inc. missed earnings estimates for the fourth quarter. The bigger issue is that the miss would have been even worse if Tesla hadn’t pulled a couple of levers. Another big slug of greenhouse gas credit sales combined with an unusually large dollop of “other income,” due mostly to an accounting change related to Bitcoin holdings, added up to $1.5 billion. Tax-adjusted, that’s half of Tesla’s entire earnings. These earnings aren’t just weak but low quality, too.
'
https://www.bloomberg.com/opinion/articles/2025-01-30/tesla-s-awful-numbers-put-musk-back-into-campaign-mode
Yours Truly! Unruly •
#Wankpanzer
Hugs4friends ♾🇺🇦 🇵🇸😷 hat dies geteilt