The Tesla Secret That Exposes Elon Musk's Whole Game

[tulipsandroses]

Tesla, the supposed future of clean energy, isn’t just making money by selling electric cars—it’s making a fortune off a regulatory loophole. In the first nine months of 2024, 43 percent of Tesla’s net income came from selling credits to other automakers that hadn’t met emissions standards. It’s not innovation that’s keeping Tesla’s finances afloat; it’s a rigged system that Musk is milking for everything it’s worth. And all the while, he’s using his newfound power as Trump’s unelected co-president to gut the very government programs that provide working people with a fraction of the support that he’s quietly pocketing.

https://newrepublic.com/article/192993/tesla-elon-musk-credits-money


Carbon Credits Explained
https://www.instagram.com/jon_davids/reel/DE0vV0lTQiL/

A number of major carmakers — including Toyota, Stellantis, Mazda, and Subaru — "pooled" their emissions with EV makers Polestar and Tesla earlier this year, in an effort to comply with tougher European Union carbon emissions rules.
Put differently, the companies are hoping to meet yearly emissions targets by teaming up with EV companies, which have racked up an abundance of carbon credits — since their vehicles don't produce any carbon emissions like gas guzzlers.
It's a clever accounting trick that allows makers of internal combustion vehicles to skirt around EU regulations and avoid hefty penalties.
It's also a mutually beneficial agreement, with EV makers like Tesla making billions on emissions deals. Just last year, the company made a whopping $2.76 billion, representing a 54 percent increase in the income stream year-over-year.

https://futurism.com/tesla-sales-carbon-credits-europe

[BadgerKid]

1. Sounds like something solar panel cos. could do. Nt