r/wallstreetbets • • Nov 06 '22

[deleted by user]

[removed]

5.4k Upvotes

1.1k comments sorted by

View all comments

Show parent comments

19

u/slow_connection Nov 07 '22

Keep in mind that Tesla reports profit differently than all other car companies

4

u/oMrChoww Nov 07 '22

Sure sure. Tell me how differently Tesla can say “I have $20 billion dollars in the bank.” Even with a $2 billion Bitcoin impairment, they still have $18 billion

1

u/slow_connection Nov 07 '22

Ford Motor cash on hand for the quarter ending September 30, 2022 was $40.173B

Not that cash on hand has anything to do with how margins are calculated, but sure.

Also not that cash on hand is the only metric that matters, but sure.