Reply to post: Re: What proportion of those Sales

Elon Musk's Tesla burns $675.3m in largest ever quarterly loss

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Re: What proportion of those Sales

As I understand it, they've got a huge order book, but only take a grand or two deposit off people to go on it. So those numbers are more likely to be sales. I think it's a refundable deposit too, so it should show on their books as an asset of lots of cash, a liability of lots of deposits, and a small profit from whatever interest they earn on it.

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