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You left out the next paragraph of that article.

"But excluding one-time items such as the $5.9 billion noncash tax benefit for deferred tax assets, the company made $2.49 billion, or 71 cents per share. That was down 39% from a year ago and short of analyst estimates of 73 cents per share according to FactSet."

https://www.kolotv.com/2024/01/25/tesla-4q-earnings-fall-sho...

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Any non cash expense like stock-based compensation is pretend from a cash perspective. Stacking money in the bank with no debt is the purpose of a company and what Tesla is doing in increasingly effective fashion.

That's in a big part due to interest rates going sky high during that year, but you won't find that mentioned in the blog post. Wonder why.

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