[dhnajsjdnd]

I didn’t interpret the comment that way. If a company is trying to be cash flow neutral, they could (very roughly) consider the net income to be the amount left over for capex.

[itsoktocry]

Is that how you imagine billion dollar automotive factories get built? Tesla saves up some money and buys the parts as they have the cash?

[dhnajsjdnd]

Of course not, finance people make a bunch of spreadsheets and then the factories poof into existence. The regulatory credits factor into those spreadsheets.