BodyBySisyphus [he/him]@hexbear.net to news@hexbear.netEnglish · 11 months agoAuto execs are coming clean: EVs aren't workingwww.businessinsider.comexternal-linkmessage-square32fedilinkarrow-up147arrow-down10cross-posted to: technology@lemmy.worldcars
arrow-up147arrow-down1external-linkAuto execs are coming clean: EVs aren't workingwww.businessinsider.comBodyBySisyphus [he/him]@hexbear.net to news@hexbear.netEnglish · 11 months agomessage-square32fedilinkcross-posted to: technology@lemmy.worldcars
minus-squareAryuproudomenowdaddy [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up38·11 months 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-up17·11 months agoYes. Their actual EV production is far from profitable. They just fudge the numbers by selling credits.
minus-squarestilgar [he/him] @infosec.publinkfedilinkEnglisharrow-up10·11 months 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/