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by tomatocracy 2482 days ago
Replying here because I can't to child.

Tesla's capex being lower than depreciation doesn't mean that they're not maintaining their production lines (but neither does it mean they're not - the two are largelty unrelated).

Depreciation is set by accounting policy, not by how much maintenance capex you'd need to spend to keep the facility in the same condition.

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Side note, but when you see a missing reply option it's an attempt to slow down fast replies.

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