• SolacefromSilence
    link
    fedilink
    617 hours ago

    A high depreciation cost is a benefit to the company, since it can otherwise offset income earned elsewhere in the company, thereby increasing profits over what they would have otherwise been.

    They’re selling these for another reason than depreciation, but the comments here already seem to get that.

    • @ninja
      link
      English
      517 hours ago

      High depreciation is only valuable if there’s no additional cost associated with them. Teslas have high repair costs (and opportunity costs as it sits idle waiting for the dealership to get to it) and, since they’re selling them, there’s now a replacement cost.