Tesla Q2 2021 Results Reveal Profit Without Regulatory Credits

Tesla has been presenting profitable quarters since Q3 2019. The issue is that profit came in most cases from regulatory credits – money that automakers that can’t meet carbon emission rules pay to benefit from Tesla’s numbers. In Q2 2021, the company has presented profits that do not rely on those credits for the first time: it was in the black for $1.142 billion (GAAP) ... (continue reading...)