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by joezydeco
727 days ago
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That may all be a huge swindle. This person seems to be tracking it well: https://threadreaderapp.com/thread/1379452303317610497.html "The Robotaxi Repo Theory: Tesla overstated S/X sales in 2018 using new lease accounting methods, however this led to large 1Q19 writeoff. To avoid further writeoffs, TSLA declares cars appreciating assets in 2Q19, allowing collateralized borrowing to be considered sales." |
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