they don’t break out who the buyers of these credits are.
i cannot find any information from a Ford or Toyota or GM describing the millions of credits they’ve purchased from Tesla shrug
i cannot find any information from a Ford or Toyota or GM describing the millions of credits they’ve purchased from Tesla shrug
they also don’t have credits listed as an asset on their balance sheet when you’d otherwise expect these credits to go from asset -> revenue when they decide they should be recognized, instead it is as if these credits just appear out of thin air and sold.
Tesla's accountants know this and follow the SEC rules, even if Musk doesn't. Is there some special treatment for these tax credits? Are they rolling this credit in with something else? Otherwise I don't believe they can be "squirreled away" to make the numbers look good "at opportune times".