Richard Crim
Nov 19, 2022

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Tesla has actually not made ANY money on car sales. ALL of the 1.5b in profits have come from "carbon emissions credits" purchased by other companies to "offset" their pollution.

Elon sells "Greenwash" to polluters.

China, the European Union, and at least 14 U.S. states have climate laws that require automakers to produce and sell a certain percentage of electric cars compared to gas-powered cars. These climate laws are actually how Tesla has made most of its profits.

Because the company sells only EVs, they receive lots of carbon credits from governments — $1.5 billion worth in 2021, to be exact — which they then sell to other car companies that aren’t meeting the electric vehicle target. Only last year did Tesla begin making profits without the help of carbon credits.

from “Heated” reporting.

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Richard Crim
Richard Crim

Written by Richard Crim

My entire life can be described in one sentence: Things didn’t go as planned, and I’m OK with that.

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