$Tesla Motors(TSLA)$
TSLA, has coined the term “deliveries” as representing sales…..nothing could be further from the truth. Unlike every other auto manufacturer TSLA retains ownership of all leased vehicles. The retained ownership policy accounts for TSLA’s “deceptively outsized” profit margin for vehicles actually sold.
Very aggressive accounting practice includes TSLA to carry leased vehicles to be valued greater than cost when carried on he books as ROBO-TAXIES with FSD, even though FSD is nowhere near ready for driverless transportation
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