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In response to
"doesn't most of Telsa's profit com from selling regulatory credits to other companies; its losing money on car sales. -- nm"
by
tRuMaN
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Not even close. Reg credits were about $700mm and revenues were $18.75 billion. Profit was over $3 billion.
Posted by
TWuG
May 20 '22, 12:49
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And all of that came as they were completing build out of two new factories.
Reg credits have allowed Tesla to spend competitors' money to expand.
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Responses:
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