Broker Check

Interesting Fact (Tesla)

April 28, 2021

Over the past several years, Tesla has used the strategy of selling regulatory credits to competing automakers who failed to sell the percentage of zero-emission vehicles that 11 different states require. The $3.3 billion from those sales - $1.6 billion in the last year alone – has kept Tesla in the black. Last year, Tesla’s profits were $721 million, meaning they’d have otherwise posted a loss were it not for the credit sales.-CNN, February 1, 2021