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Comment by heavyset_go | Hacker News Reader

Tesla's Q1 operating profit of $594M was slightly less than the sum of their $101M Bitcoin profit and the $518M regulatory credits they received.

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My goodness, the regulatory credits meme once again. How are those short shorts feeling by the way?

Ah, yes, the meme that is Tesla's own quarterly financial report.

Funny how people like you are so desperate, at this point you literally can't even use the current quarterly report anymore and must talk about the last one. And then string together a bunch of revenue that you can then somehow argue 'doesn't count' for #reasons.

Who cares about unit margin or operational margin, as long as you can pick a bunch of revenue items and by removing them they didn't make any profit.

And even if your argument was true and they didn't make #realprofit, who would even care as long as they keep having their current growth trend at the unit margin they have.

The meme that the number somehow matters at all while completely ignoring the massive growth

And in Q2 the lost $24M on Bitcoin. They got $300somethingM in credits. So what? Who the fuck cares.

And the regulatory credit thing is so fucking played out that people who still bring it up can only be described as haters.

Are you seriously unable to look at a long term trend? Can you seriously not see how Bitcoin is totally irrelevant in their long term story?

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