How bad are things at Tesla? So bad that it would have lost money in the first three months of the year had it not been the sale of regulatory credits, credits that could be going away if the Trump administration gets its way on auto emissions rules.
  • Optional@lemmy.worldEnglish
    401·
    1 month ago

    It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.

    • snooggums@lemmy.worldEnglish
      321·
      1 month ago

      Musk is the biggest welfare queen in the US, likely the world. All his businesses are propped up with governement funding.