If the other manufacturers opened a plant in california, or bought an existing one like Tesla, wouldn't they also get the same ZEV credits which they could sell or use for themselves?
> To date Tesla has lost more than billion dollars
Are you including liquid assets, like the California plant, as losses? (not accusing you, I haven't looked at their numbers)
$1B is roughly the GAAP losses for TSLA since they went public.
I think that in order to resell ZEV credits more than 13% of a manufacturer's cars must be electric, which is not true of any other luxury manufacturer.
And then select 'Annual', 'Balance Sheet', and then look at the line item for "Retained Earnings (Accumulated Deficit)"
Or alternatively, from TSLA's 2012 10-K:
"We incurred a net loss of $396.2 million for the year ended December 31, 2012. In addition, we have accumulated net losses of $1,065.6 million from our inception through December 31, 2012. We have had net losses in each quarter since our inception."
Well then, that's because I was looking at "since going public", since that is what the guy I replied to said. But you and the original poster are right since you are talking about 'since inception'.
I went by the average it gives weighted to the time range of the IPO (because the parent said since the IPO). But one-billion is correct if you count before the IPO (which the guy who first brought up the one-billion number was talking about).
