BodyBySisyphus [he/him]@hexbear.net to news@hexbear.netEnglish · 2 years agoAuto execs are coming clean: EVs aren't workingwww.businessinsider.comexternal-linkmessage-square35fedilinkarrow-up153arrow-down10cross-posted to: technology@lemmy.worldhackernews@lemmy.smeargle.fanshackernews@derp.foocars@midwest.social
arrow-up153arrow-down1external-linkAuto execs are coming clean: EVs aren't workingwww.businessinsider.comBodyBySisyphus [he/him]@hexbear.net to news@hexbear.netEnglish · 2 years agomessage-square35fedilinkcross-posted to: technology@lemmy.worldhackernews@lemmy.smeargle.fanshackernews@derp.foocars@midwest.social
minus-squareAryuproudomenowdaddy [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up38·2 years agoDoesn’t most of Tesla’s profit margin come from selling regulatory credits to other car companies.
minus-squareEmmaGoldman [she/her, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up17·2 years agoYes. Their actual EV production is far from profitable. They just fudge the numbers by selling credits.
minus-squarestilgar [he/him] @infosec.publinkfedilinkEnglisharrow-up10·2 years agoFrom a random source a found from searching (referring to Q1 2022): Tesla’s regulatory carbon credit sales account for over 20% of its profits this quarter. https://carboncredits.com/tesla-regulatory-carbon-credit-sales-jumps-116/
Doesn’t most of Tesla’s profit margin come from selling regulatory credits to other car companies.
Yes. Their actual EV production is far from profitable. They just fudge the numbers by selling credits.
From a random source a found from searching (referring to Q1 2022):
https://carboncredits.com/tesla-regulatory-carbon-credit-sales-jumps-116/