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by jim0266 1526 days ago
> - Tesla loses money on every car. They make money from regulatory credit trading.

No, it's legacy auto who's losing money on every EV they make. Tesla's profit margin insane:

https://www.google.com/search?client=firefox-b-1-d&q=tesla+p...

1 comments

https://www.caranddriver.com/news/a36266673/teslas-q1-2021-e...

> The company had an income of $438 million, including a $101 million "positive impact" from the sale of Bitcoin, and $518 million from selling zero-emission regulatory credits to other automakers. That means Tesla continues to lose money making and selling vehicles.

That article is almost a year old.

They made over 5 billion in GAAP income last year. 1.5 billion of that was regulatory credits. They currently make money making and selling vehicles.

https://ir.tesla.com/#tab-quarterly-disclosure