Battery based electric vehicles of today and tomorrow.

[lman]

Perhaps but since we don't have TVs I don't know about these TV sources.

CNN is a website. Google it.

 

[Gale Hawkins]

Please explain. Thanks.

If other car companies can save expenses by buying something that Tesla has created inadvertently in the process of doing business it
is earned income tax wise.

 

[MossRoad]

If other car companies can save expenses by buying something that Tesla has created inadvertently in the process of doing business it
is earned income tax wise.

I think the question was if Tesla wasn't making hundreds of millions of dollars by selling credits to other car makers, could Tesla still afford to sell as many cars. There was a nice write up on it in Car and Driver. How was that fake news?

 

[Gale Hawkins]

CNN is a website. Google it.

Answering a question with a question, I see. I'll go back to my original post. This is a serious question. I have a small position in Ford and am following most automakers.

If Tesla had to price their vehicles high enough to make a profit without making hundreds of millions of dollars on carbon credits each year, would they still sell as many vehicles? Are the "big 3" the ones buying the carbon credits? In the future as the "big 3" and others bring up their overall fleet mpg they will need to purchase less and less carbon credits. How will that effect Tesla?

So you aware Ford is losing billions trying to make EVS to compete with Tesla. Are you saying carbon credits are not real? Why would other car companies finance the growth of Tesla by buy carbon credits? Why do you think carbon credits are fake? How could Tesla get away with financing growth from other car makers if carbon credits are fake?

 

[Gale Hawkins]

I think the question was if Tesla wasn't making hundreds of millions of dollars by selling credits to other car makers, could Tesla still afford to sell as many cars. There was a nice write up on it in Car and Driver. How was that fake news?

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

 

[NoTrespassing]

So you aware Ford is losing billions trying to make EVS to compete with Tesla. Are you saying carbon credits are not real? Why would other car companies finance the growth of Tesla by buy carbon credits? Why do you think carbon credits are fake? How could Tesla get away with financing growth from other car makers if carbon credits are fake?

Wow... I don't really know where to start here but I'll try.

I never said carbon credits were fake. Where do you get that? They are very real but as legacy auto makers continue to increase the overall mileage of their fleets they will be buying less carbon credits from Tesla. OK, I give up...

 

[NoTrespassing]

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

I already posted the link.

 

[MossRoad]

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

He posted it a few posts up in this post.

Battery based electric vehicles of today and tomorrow.

Well, VW is coming real fast, the e-Golf was a good seller, the new electric platform are coming early in 2020 and will be a success im sure. The rest of the brands like Audi is on the move, Seat and Skoda will use the same platforms as VW. BMW small electric car has been very popular for...

www.tractorbynet.com

Tesla made $428M off of selling credits in just the 2nd quarter of this year.

There's nothing fake about it.

Other Automakers Paid Tesla a Record $428 Million Last Quarter

Automakers buy regulatory credits, and a lot of them, from Tesla in order to comply with emissions regulations around the world.

www.caranddriver.com

 

[MossRoad]

Tesla's Automotive Division made well over $1.5Billion with a 'B' in just credit sales in 2020.

Tesla Regulatory Credits Revenue Boosts Profits And Margins | Fundamental Data And Statistics For Stocks

Tesla's secret weapon of sales that you may not be aware of. Discover what automotive carbon credits are and the effect on gross margin and profitability.

stockdividendscreener.com

It's not fake news.

 

[MoKelly]

Tesla's Automotive Division made well over $1.5Billion with a 'B' in just credit sales in 2020.

Tesla Regulatory Credits Revenue Boosts Profits And Margins | Fundamental Data And Statistics For Stocks

Tesla's secret weapon of sales that you may not be aware of. Discover what automotive carbon credits are and the effect on gross margin and profitability.

stockdividendscreener.com

It's not fake news.

Tesla’s CFO freely admitted that w/o regulatory credit sales they would NOT have made their first ever profit in 2020. They would still have lost money despite roughly $30 billion (with a B) in sales.

That is some huge cost base.

MoKelly