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re: If you’re in the market for an EV….

Posted on 5/11/24 at 10:12 am to
Posted by Saunson69
Member since May 2023
1908 posts
Posted on 5/11/24 at 10:12 am to
"incurring a $195 million charge to vehicle depreciation"

Depreciation isn't an actual cash flow charge. You add it back in the cash flow statement. Like say you own a business and buy a car and depreciate it over 10 years at $4,000 a year. No one is actually coming to you and making you pay $4,000 a year. It's a non-cash item and gets added back in cash flow statement to find total cash flow for a year.
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