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From: guidepost (Rep: 108) reply to TheNextGoogleDate: 11/12/2019 15:38
Forum: Tesla - Msg #5886Thread #674106128 (Rec: 1)
You may be right in the long run, but those puts are worthless Re: I read the profit was from lowering the warranty reserve for each car -



Reply to TheNextGoogle - Msg #5880 - 11/07/2019 21:05

Re: I read the profit was from lowering the warranty reserve for each car -

well, not only from the warranty reduction, but it also seems they're selling more cars than they made - carrying over inventory.

IF you read through the 10K earnings report, with all the losses and declining sales, it looks more like a losing earnings report, rather than a Blockbuster. To me it looks like it's all fudged, dirty. They hired the right accountant, and I'm sure a lot more will come out of it, when people examine it.

Here's what I said about the real earnings report previously -
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=2804136&cmd=read
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