I thought it was really successful as a company due to all the carbon credit handouts it received from government, which it sold to the other car companies.
That, and the lies from the man who owns a social media company (albeit later)
Tesla made a little under 3% of its 2024 revenue from carbon credits.
It made those credits because it sells electric cars in volume.
I get the Musk bashing, and think the guy's an asshat, but isn't this literally what carbon credits are supposed to do -- funnel cash from dirty industries to carbon negative ones, as another channel of funding for them?
That, and the lies from the man who owns a social media company (albeit later)