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by gamblor956
2522 days ago
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You are misreading the Ford statements and comparing the wrong numbers. Tesla's non-GAAP "Operating cash flow less capital expenditures" is $ 613,929 [edit: in thousands, so $614 million]. Ford's same GAAP amount is $6.5 billion, or 10x Tesla's non-GAAP FCF for the same period (Q2). Ford's "company adj. free cash flow" is a non-GAAP item that includes other items beyond capital expenditures. |
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