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by acdha
634 days ago
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You know that $7,500 tax credit people got for buying their products? That’s the most obvious one but the bigger one is the carbon regulatory credits: governments require other car manufacturers to buy credits to offset their high-pollution vehicles, and since Tesla doesn’t make any of those they can sell something like half a billion dollars of them per quarter as pure profit. This has been most of their profitability in some quarters. |
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The same tax credit applies to qualifying vehicles bought from any automaker. This has nothing to do with Tesla.
> the bigger one is the carbon regulatory credits
Again, every qualifying automaker can do exactly the same thing.