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Published 1 month ago

Tesla Profits Dip But Carbon Credits Revenue Up, 38% of Net Income

Summary by Carbon Credits
Elon Musk’s Tesla continues to capitalize on the need of its competitors to comply with emissions standards, a business model that has proven highly profitable for the electric vehicle (EV) company. As the EV giant incurs minimal costs to earn these carbon credits, the revenue from their sale translates to pure profit. While the specific recipients of these credits remain undisclosed, this revenue stream has been vital for Tesla’s financial succ…

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