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Tesla Inc (TSLA)

NASDAQ
Currency in USD
Disclaimer
170.18
+8.05(+4.97%)
Closed
Pre Market
172.32+2.14(+1.26%)

TSLA Comments

Tesla took in $1.58 billion in 2020, not from building cars, but by selling "regulatory credits" to GM, Ford, etc. GM can either build an EV or it can buy a "regulatory. credit" to give to state governments i in lieu of building the EV. Just like Carbon Credits. According to Zacks, in the absence of $401 million worth of regulatory credit sales during the last reported quarter, Tesla would have posted a net loss of $131 million. In 2020, Tesla posted a net GAAP income of $721 million. Without the regulatory credit sales, the firm would have incurred a loss to the tune of $859 million. The regulatory credits programs are being phased out, GM and Ford are spending big on EV production. It's a revenue stream that will dry up rather soon. Why isn't this a good short?
Nobody saying otherwise. But it has a great following and is improving sales and has good service thats why its going up.
ok  , tesla is the worst car maker in the world but who cares I made few millions from it, so thanks tesla
It’s service *******
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