Birdwatch Note Rating
2025-02-11 20:24:00 UTC - NOT_HELPFUL
Rated by Participant: 33FB6247EB3F2D340754A6C818F28C9CB2451092D0CEF79EA996BF128FD995B5
Participant Details
Original Note:
Businesses are taxed on their profits, and Tesla had net losses for many years before reaching profitability. Loss Carryforward is a normal accounting practice that applies the current year's net operating loss to future years' net income to reduce future tax liability. https://www.investopedia.com/terms/l/losscarryforward.asp
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