Tesla's tricks with its cash flow

Part of the environmentalist discourse is based on the fact that oil companies have reaped enormous benefits from using and relying on fossil fuels, which is true. At the same time, the new sustainability standards allow companies to realign their finances to new instruments designed to lay the foundation for a cleaner world.

Selling carbon credits is not illegal; they are lawful and tradable. The disadvantage arises when the valuation of a company based on its balance sheets is rooted in a result that appears to be make-up because what brings it to equilibrium is unrelated to the company's activity.

Subscribe to Salvajes - Juan Carlos Golindano

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.