In this brief earnings recap video, I will talk over my single biggest takeaway from hearing the executives talk, explain the stock’s reaction, and tell you why I think Tesla’s future is brighter than ever!   Tesla says they had a $535M increase in their cash and cash equivalents in Q2 were raised to $8.6B. Free cash flow was $418M in Q2 with $327M GAAP operating income, a 5.4% operating margin in Q2, $104M GAAP net income, and $451M non-GAAP net income. That marks four quarters of sequential profitability for the company. Tesla revenue hit $6.04 billion during the second quarter of 2020, with about 7% of that, or $428 million, coming from sales of regulatory credits allowing profitability, and, now, S&P500 inclusion.     How does Tesla use regulatory credits to log revenue and offset operating costs? It’s a great question and now is a great time for me to clear up any confusion.   SPECIAL THANKS (Special Patreon Supporters):  ‣ Bob Wills  ‣ Ronil Patel ‣ Daniel Haukaas   HELP GROW THE CHANNEL:  - Support on Patreon (& get exclusive rewards like early access!): https://bit.ly/2UE89xi  - Buy Tesla accessories: https://amzn.to/2vQwAhK  - Buy Tesla clothing: https://amzn.to/2vQwAhK  - Use TubeBuddy for YouTube: https://www.tubebuddy.com/TeslaOpp  - Watch more content: https://bit.ly/3e5mfiM  - Write a comment and share this video!  - Subscribe: https://bit.ly/3d0SfTY --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/theteslaopportunity/message Support this podcast: https://anchor.fm/theteslaopportunity/support