Electric Cars

ChatGPT generated timeline showing Tesla’s four Master Plans: the 2006 Roadster launch, the 2016 Solar Roof vision, the 2023 global energy blueprint, and the 2025 humanoid robot shift

Tesla’s Master Plans: From Clear Roadmap To Vague Abundance

Tesla’s Master Plans have served as public roadmaps for the company for almost twenty years. Each has attempted to set a direction, outline priorities, and provide a vision of what Tesla would do next. They are unusual in corporate history in that they are not dense internal strategy documents, but … [continued]

Image Credit: BYD

The Importance of How BYD Spends on R&D, Beyond Just How Much They Spend

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.