Elon Musk offers to buy Twitter for $54.20 a share, saying it needs to be 'transformed as private company' https://t.co/xbhw4tJZQ3— CNBC (@CNBC) April 14, 2022
It's the credits, the ev credit system is based on what percentage of production is electric. With Tesla it's 100% so every car they make gets the maximum credit (like $10k or something) meaning they're selling a car that they get paid by the government to produce for pure profit.
They can also sell those credits to other automakers and casinos apparently so it's just a giant racket for expropriating public funds
It's the credits, the ev credit system is based on what percentage of production is electric. With Tesla it's 100% so every car they make gets the maximum credit (like $10k or something) meaning they're selling a car that they get paid by the government to produce for pure profit.
They can also sell those credits to other automakers and casinos apparently so it's just a giant racket for expropriating public funds