It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers. But if the Trump administration gets its way, the company can kiss those regulatory credits keeping it in the black goodbye, too.
Then they spend 400-500m less on capital expenditures or research and development. It means slower growth and give others an advantage, but it’s not the end of the world.
That or they say fuck it and eat into their 35b cash for a bit.
But what if that income disappears?
Then they spend 400-500m less on capital expenditures or research and development. It means slower growth and give others an advantage, but it’s not the end of the world.
That or they say fuck it and eat into their 35b cash for a bit.