#International_Tech_News

#Teslas_Dirty_Little_Secret: Its net profit doesn't come from #Selling_Cars | "These guys are #losing_money selling cars. They're #making_money #selling_credits. And the credits are #going_away," said Gordon Johnson of #GLJ_Research and one of the #biggest_bears on Tesla (TSLA) #shares.

New York (CNN Business) Tesla posted its first full year of net income in 2020 -- but #not because of #sales to its #customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a #lucrative_business for #Tesla -- bringing in $3.3 #billion over the course of the last #five_years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year #FAR_OUTWEIGHTED Tesla's #net_income of $721 million -- meaning Tesla would have otherwise posted a #NET_LOSS in 2020.

Tesla top executives concede the company can't count on that #source of #cash #continuing.

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

DEATH RACE 2000 TRAILER HERE: https://youtu.be/F2GEKV1dOgY

TastingTraffic LLC

Founder of #SEO (Search Engine Optimization)
Founder of #RTB (Real Time Bidding)
Founder of #HFT (High Frequency Trading)

Disclaimer: https://tastingtraffic.net and/or http://JustBlameWayne.com (Decentralized SOCIAL Network) and/or its owners [http://tastingtraffic.com] are not affiliates of this provider or referenced image used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.

#International_Tech_News

#Teslas_Dirty_Little_Secret: Its net profit doesn't come from #Selling_Cars | "These guys are #losing_money selling cars. They're #making_money #selling_credits. And the credits are #going_away," said Gordon Johnson of #GLJ_Research and one of the #biggest_bears on Tesla (TSLA) #shares.

New York (CNN Business) Tesla posted its first full year of net income in 2020 -- but #not because of #sales to its #customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a #lucrative_business for #Tesla -- bringing in $3.3 #billion over the course of the last #five_years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year #FAR_OUTWEIGHTED Tesla's #net_income of $721 million -- meaning Tesla would have otherwise posted a #NET_LOSS in 2020.

Tesla top executives concede the company can't count on that #source of #cash #continuing.

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

DEATH RACE 2000 TRAILER HERE: https://youtu.be/F2GEKV1dOgY

TastingTraffic LLC

Founder of #SEO (Search Engine Optimization)
Founder of #RTB (Real Time Bidding)
Founder of #HFT (High Frequency Trading)

Disclaimer: https://tastingtraffic.net and/or http://JustBlameWayne.com (Decentralized SOCIAL Network) and/or its owners [http://tastingtraffic.com] are not affiliates of this provider or referenced image used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.

#International_Tech_News

#Teslas_Dirty_Little_Secret: Its net profit doesn't come from #Selling_Cars | "These guys are #losing_money selling cars. They're #making_money #selling_credits. And the credits are #going_away," said Gordon Johnson of #GLJ_Research and one of the #biggest_bears on Tesla (TSLA) #shares.

New York (CNN Business) Tesla posted its first full year of net income in 2020 -- but #not because of #sales to its #customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a #lucrative_business for #Tesla -- bringing in $3.3 #billion over the course of the last #five_years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year #FAR_OUTWEIGHTED Tesla's #net_income of $721 million -- meaning Tesla would have otherwise posted a #NET_LOSS in 2020.

Tesla top executives concede the company can't count on that #source of #cash #continuing.

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

DEATH RACE 2000 TRAILER HERE: https://youtu.be/F2GEKV1dOgY

TastingTraffic LLC

Founder of #SEO (Search Engine Optimization)
Founder of #RTB (Real Time Bidding)
Founder of #HFT (High Frequency Trading)

Disclaimer: https://tastingtraffic.net and/or http://JustBlameWayne.com (Decentralized SOCIAL Network) and/or its owners [http://tastingtraffic.com] are not affiliates of this provider or referenced image used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.

#International_Tech_News

#Teslas_Dirty_Little_Secret: Its net profit doesn't come from #Selling_Cars | "These guys are #losing_money selling cars. They're #making_money #selling_credits. And the credits are #going_away," said Gordon Johnson of #GLJ_Research and one of the #biggest_bears on Tesla (TSLA) #shares.

New York (CNN Business) Tesla posted its first full year of net income in 2020 -- but #not because of #sales to its #customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a #lucrative_business for #Tesla -- bringing in $3.3 #billion over the course of the last #five_years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year #FAR_OUTWEIGHTED Tesla's #net_income of $721 million -- meaning Tesla would have otherwise posted a #NET_LOSS in 2020.

Tesla top executives concede the company can't count on that #source of #cash #continuing.

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

DEATH RACE 2000 TRAILER HERE: https://youtu.be/F2GEKV1dOgY

TastingTraffic LLC

Founder of #SEO (Search Engine Optimization)
Founder of #RTB (Real Time Bidding)
Founder of #HFT (High Frequency Trading)

Disclaimer: https://tastingtraffic.net and/or http://JustBlameWayne.com (Decentralized SOCIAL Network) and/or its owners [http://tastingtraffic.com] are not affiliates of this provider or referenced image used. This is NOT an endorsement OR Sponsored (Paid) Promotion/Reshare.

#International_Tech_News

#Teslas_Dirty_Little_Secret: Its net profit doesn't come from #Selling_Cars | "These guys are #losing_money selling cars. They're #making_money #selling_credits. And the credits are #going_away," said Gordon Johnson of #GLJ_Research and one of the #biggest_bears on Tesla (TSLA) #shares.

New York (CNN Business) Tesla posted its first full year of net income in 2020 -- but #not because of #sales to its #customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a #lucrative_business for #Tesla -- bringing in $3.3 #billion over the course of the last #five_years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year #FAR_OUTWEIGHTED Tesla's #net_income of $721 million -- meaning Tesla would have otherwise posted a #NET_LOSS in 2020.

Tesla top executives concede the company can't count on that #source of #cash #continuing.

https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html