Tuesday, February 2, 2021

Tesla makes its profits from Selling Carbon Credits to Bigger Automakers

 In the latest period Tesla generated $401million from sales of credits, accounting for the bulk of its $575million of operating profits. Tesla sells carbon credits to other carmakers that need to comply with environmental regulations.6 days ago


Tesla profits held back by Elon Musk's pay and cheaper models

www.irishtimes.com › business › transport-and-tourism
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Does Tesla sell carbon credits?
Tesla's fastest-growing business isn't putting owners in its Model S and Model 3. It's selling environmental credits that enable its SUV- and truck-making rivals to avoid big emissions fines.Sep 30, 2020

Environmental credits: Tesla's biggest profit center is ... - Fortune

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