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90% of their income isn't DIRECT auto sales though. Q4 2024 30% of that 'auto income' is selling credits. In Q4 2024, Tesla recorded a $600 million gain from r
by _DeadFred_ 2y ago
90% of their income isn't DIRECT auto sales though. Q4 2024 30% of that 'auto income' is selling credits.
In Q4 2024, Tesla recorded a $600 million gain from revaluing its Bitcoin holdings
In Q4 2024 alone, Tesla earned $692 million from selling regulatory credits or carbon credits, accounting for nearly 30% of its quarterly net income of $2.33 billion. Tesla better hope Trump doesn't move away from 'environmental credits' rules. Probably won't happen, Trump seems pretty green focused.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/ https://carboncredits.com/teslas-carbon-credit-revenue-soars...
- _DeadFred_ 2y agoAll that to say Tesla's current income is much more vulnerable than just to auto sales.