Tesla's dirty little secret: Its net profit doesn't come from selling cars - eviltoast
  • eramseth@lemmy.world
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    1 year ago

    Interesting. So the carbon credit business is growing and/or the car business is shrinking to the point that without the credits they aren’t profitable again.

    Tesla would be in the red were it not for carbon credits – something that hasn’t happened in the last two years.

    • Viking_Hippie@lemmy.world
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      1 year ago

      Ok, so I misread that as being in the red hadn’t happened for them in two years. Either way, they’re a carbon credit and battery company that sometimes make shoddily built cars, not the other way around.