Two Tesla 10-K Topics - Part 1

When Tesla filed its 10-K, its recognition of revenue in the 4th quarter for "Full-Self-Driving" functionality and its adjustment of its deferred tax asset valuation allowance piqued my interest

There is always something going on at Tesla and I like to use “ripped-from-the-headlines” examples in my financial accounting classes at Wharton. Tesla’s interesting and always changing revenue streams and its status as a former chronic loser with, until 2021, a huge accumulated deficit and full deferred tax asset valuation allowance provide high wire e…