ST Alpha - "doesn't most of Telsa's profit com from selling regulatory credits to other companies; its losing money on car sales. -- nm" (Reading a Post)

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In response to "No, I've never had to sign an NDA regarding my Tesla" by TWuG

doesn't most of Telsa's profit com from selling regulatory credits to other companies; its losing money on car sales. -- nm

Posted by tRuMaN (aka tRuMaN) May 20 '22, 12:39

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Responses:

Not even close. Reg credits were about $700mm and revenues were $18.75 billion. Profit was over $3 billion. - TWuG May 20, 12:49 1
- All of that was for Q1-22 -- nm - TWuG May 20, 12:52
It was true but isn’t anymore. -- nm - spamlet May 20, 12:40 5
- The most profit part or the losing on cars part? - zork May 20, 12:47 3
  - The margins on their cars are 20+% -- nm - TWuG May 20, 12:53 1
    - Gross automotive margins for Q1 were just shy of 40% -- nm - TWuG May 20, 12:55
  - Yes -- nm - spamlet May 20, 12:48
- aww, ok. -- nm - tRuMaN May 20, 12:46

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