Dear pessimist, Are you an accountant?
Please get your facts straight before misinforming the public.If AMD recorded the payment to GF in accounts payable last quarter, that is the same as taking the charge in last quarter’s earnings. And it will have no bearing on this quarter’s earnings.
Can you please provide an Accounting references to support your statement? If not, please rescind your incorrect statement so that small innocent investors don.t get mislead and trade the stock based on misinformation. You could be liable.
GE has the cash to put a car charger in every corner and to make TSLA the number one auto company in the world. GE needs to reduce expansion in the of the oil and gas production business and focus on more alternative forms of energy. They are already heavily involved in the wind turbine business and it make a lot of sense to expand in the energy storage using TSLA batteries. The TSLA battery business can explode under the GEs umbrella.
There is tremendous value in the future use of TSLA batteries, not just in cars but in everything related to energy.