RE:Carbon Tax credits..Moneycat ... You are right. TESLA made more money from selling carbon credits than selling cars because of laws that force non-electric car manufacturer to pay a "royalty" to those all electric car makers. That's why all fossil fuel car manufacturers have now made the move to go all electric otherwise they were financing TESLA, their major competitors.
Tesla also earns credits for exceeding emissions and fuel economy standards and then selling them to other carmakers that fall short so they can avoid penalties.
The company earned $518m from sales of those credits in the first quarter, an increase of 46% over the same quarter in 2020.
By the way, notice that in yesterday's TESLA financial numbers, TESLA's market shares is already shrinking. But the markets are growing. So they will have a growing revenue over time.
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Moneycat - (4/27/2021 10:13:51 AM) Carbon Tax credits.. People need to do some quick research on Tesla. From what I understand they made more money off of selling carbon credits last year than actually off of selling cars . Let that sink in on the whole green market !! Green is the future !