| > important product Sure in Bel Air is really important to own a Tesla, just like (if not more) than the car brands mentioned in my handle... > substantial real revenues How much of that is credits? > growing at a remarkable rate A company incorporated 20 years ago growing at a remarkable rate either implies incompetence in its administration up to now, or a dishonest scheme put in place to artificially simulate "a remarkable rate of growth" right now. Companies with similar access to talent and capital simply came to dominate their industry in the same timeframe (Amazon, Google, Microsoft, Apple, Salesforce, Intel, HP...) Globally speaking what % of cars sold are Teslas? 1 or 2 % ? Tesla and Musk dominate the newscycle of the financial press, the tabloids and the blogsphere but out there, in the real world they are essentially nonexistent. It seems like the dictionary definition of an influencer to me. |
- Total revenue: $18,756M
- Gross profit: $5,460M
- Total regulatory credits: $679M
So to answer your question, about 4% of their revenue is credits. It’s been tiny compared to automotive revenue for at least a year. So we can stop perpetuating that little myth.
0: https://tesla-cdn.thron.com/static/IOSHZZ_TSLA_Q1_2022_Updat...