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Very first line of the Update linked to in another comment,

> The Tesla third quarter results reflect strong company-wide execution in many areas. Furthermore, we expect this to continue into Q4 and project positive GAAP net income (excluding non-cash stock-based compensation) despite ZEV credit sales in Q4 likely being negligible.

https://news.ycombinator.com/item?id=12800234

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I'm not sure your point. That they expect profits to continue without the credits? I guess we will see. Not sure how this invalidates anything I wrote. I care less about projections than financial statements. Those credits composed a good chunk.

It's not a wild prediction, given that the new sensors means another surge in orders, which gives Tesla a chance to prioritize higher-margin, more expensive cars.

I don't know how many potential buyers were waiting, but I was expecting a bump in sensors and compute power sooner than later.

Er, should GAAP net income include SBC? Otherwise, it's non GAAP.

Dude (or dudette). I have no idea. I was merely responding to the assertion made up yonder. I was pointing out that while possibly not an incorrect assertion it is one that is contradicted by the estimated projections of the very first line from the report under discussion.

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