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Carbon credits rock! At least for Tesla. Why are they not mentioned in the article? As other car makers produce electrics and can avail themselves of the credit
by strangattractor 4y ago
Carbon credits rock! At least for Tesla. Why are they not mentioned in the article? As other car makers produce electrics and can avail themselves of the credits this number is likely to change.
https://carboncredits.com/tesla-regulatory-carbon-credit-sales-jumps-116/ https://carboncredits.com/tesla-regulatory-carbon-credit-sal...
- vardump 4y agoThe article you linked says credits are "over 20%" of overall profit. Carbon Credits matter less and less for Tesla. In Q3 2022, CCs were $286M, revenue $21.5B, GAAP net income $3.3B. So CCs were only 8.7% of the profits and 1.3% of the revenue.