3 ms·
Not a real brilliant long-term move. Why? Tesla's premise is that they can balance not having large revenues in manufacturing for a period of time to build out
by fredgrott 4y ago
Not a real brilliant long-term move. Why?
Tesla's premise is that they can balance not having large revenues in manufacturing for a period of time to build out the EV industry as Tesla's major revenue is in fact carbon tax credits. The problem is the competition is far greater in resources than Elon has guessed and that will tend to blind-side soon.
Or in short words, Elon is spending stuff he no longer in the future has.
- 93po 4y ago> Tesla's major revenue is in fact carbon tax credits Why are you outright lying and spreading misinformation? It's very easy to search online and see that their sale of carbon credits is, at most, a few percent of their total revenue over the past 5 years. I actually did the math and it was 2.4%