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Revenue =|= profits. Now, if you are interested, devide what ever that revenue was by Tesla's profits. Because those credits have a zero cost behind them. And t
by hef19898 4y ago
Revenue =|= profits. Now, if you are interested, devide what ever that revenue was by Tesla's profits. Because those credits have a zero cost behind them. And those credits will go away with every EV those other brands build and sell.
- chroma 4y agoIf you look at the SEC filing it's 8% of profits. Though Tesla isn't trying to be particularly profitable right now. They've been spending tons of money on new factories so they can scale up production.
- bryanlarsen 4y agoCredits aren't pure profit. You have to build and deliver a car to get them, so the 1% number of the parent comment is much more relevant than your 8% number.