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> - 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 prof

• chx 4y ago
  https://www.caranddriver.com/news/a36266673/teslas-q1-2021-earnings-call-questions/ 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.
  • shytey 4y ago
    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 https://ir.tesla.com/#tab-quarterly-disclosure