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rasz
on Nov 14, 2022
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Tesla rival Rivian posts losses of $1.7B, with wor...
Are you asking if he has a car dealership?
arcturus17
on Nov 14, 2022
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No, I'm asking whether the truck would be a money-making asset for them. Even a construction contractor or similar would fall into this category.
rasz
on Nov 14, 2022
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Truck in a business doesnt make money, it is a depreciating fixed asset.
arcturus17
on Nov 14, 2022
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So is machinery in an industrial company. The notion that a depreciating asset does not make money is pedantic and better left to classroom settings.
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