And if that valuation was lower than what they paid, then they can claim a nice loss on the purchase.
Tesla will suffer more and more the competition from other EV car manufacturers. If a company has to use profits from non-core business to stay out of the red, it is a red flag. In the land of the blind, one eye is king. There are less and less blind, so one eye will not be good enough anymore.
%% NOT to worry\LOL. TSLA CFO Zach K said [75% sale ] is not a verdict on bit con. Sure The good news for TSLA is TWTR may have found a brief bottom @$39, or 32, or $13. NOT a prediction, not insured by any federal agency..............................................
%% Dont know\ not if he can read charts\LOL. But strangely\ the judge is aiming to force him to buy TWTR
%% Interesting timing, SBUX warns+ pulled some profitable stores out of LA + DC\too many crooks[dem run] CEO notes. The good news/ is with a hi crime area like DC \may have helped Warner Washington sell his Washington farm 60 miles from DC, starting bids = $4 million\strange it sold for $4.3 million in 2014.Wow\411 AC farm could sell for a loss??