Battery based electric vehicles of today and tomorrow.

[lman]

Perhaps but since we don't have TVs I don't know about these TV sources.

CNN is a website. Google it.

 

[Gale Hawkins]

Please explain. Thanks.

If other car companies can save expenses by buying something that Tesla has created inadvertently in the process of doing business it
is earned income tax wise.

 

[MossRoad]

If other car companies can save expenses by buying something that Tesla has created inadvertently in the process of doing business it
is earned income tax wise.

I think the question was if Tesla wasn't making hundreds of millions of dollars by selling credits to other car makers, could Tesla still afford to sell as many cars. There was a nice write up on it in Car and Driver. How was that fake news?

 

[Gale Hawkins]

CNN is a website. Google it.

Answering a question with a question, I see. I'll go back to my original post. This is a serious question. I have a small position in Ford and am following most automakers.

If Tesla had to price their vehicles high enough to make a profit without making hundreds of millions of dollars on carbon credits each year, would they still sell as many vehicles? Are the "big 3" the ones buying the carbon credits? In the future as the "big 3" and others bring up their overall fleet mpg they will need to purchase less and less carbon credits. How will that effect Tesla?

So you aware Ford is losing billions trying to make EVS to compete with Tesla. Are you saying carbon credits are not real? Why would other car companies finance the growth of Tesla by buy carbon credits? Why do you think carbon credits are fake? How could Tesla get away with financing growth from other car makers if carbon credits are fake?

 

[Gale Hawkins]

I think the question was if Tesla wasn't making hundreds of millions of dollars by selling credits to other car makers, could Tesla still afford to sell as many cars. There was a nice write up on it in Car and Driver. How was that fake news?

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

 

[NoTrespassing]

So you aware Ford is losing billions trying to make EVS to compete with Tesla. Are you saying carbon credits are not real? Why would other car companies finance the growth of Tesla by buy carbon credits? Why do you think carbon credits are fake? How could Tesla get away with financing growth from other car makers if carbon credits are fake?

Wow... I don't really know where to start here but I'll try.

I never said carbon credits were fake. Where do you get that? They are very real but as legacy auto makers continue to increase the overall mileage of their fleets they will be buying less carbon credits from Tesla. OK, I give up...

 

[NoTrespassing]

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

I already posted the link.

 

[MossRoad]

I would like to read that article if somebody has a link to it.

Over the last year Tesla has raised billions in stock sales and that is peanuts compared to what other car makers are paying them for carbon credits. At the point when Tesla was looking for a buyer because they were out of money yes the carbon credits were critical. Today they are financed well beyond what they get from carbon credits besides carbon credits are a temporary thing if the other car companies ever start making EVs.

The fake news is that Tesla today needs carbon credits to grow faster.

He posted it a few posts up in this post.

Battery based electric vehicles of today and tomorrow.

Well, VW is coming real fast, the e-Golf was a good seller, the new electric platform are coming early in 2020 and will be a success im sure. The rest of the brands like Audi is on the move, Seat and Skoda will use the same platforms as VW. BMW small electric car has been very popular for...

www.tractorbynet.com

Tesla made $428M off of selling credits in just the 2nd quarter of this year.

There's nothing fake about it.

Other Automakers Paid Tesla a Record $428 Million Last Quarter

Automakers buy regulatory credits, and a lot of them, from Tesla in order to comply with emissions regulations around the world.

www.caranddriver.com

 

[MossRoad]

Tesla's Automotive Division made well over $1.5Billion with a 'B' in just credit sales in 2020.

Tesla Regulatory Credits Revenue And Carbon Credit Per Car | Fundamental Data And Statistics For Stocks

Tesla's secret weapon of sales that you may not be aware of. Discover what automotive carbon credits are and the effect on gross margin and profitability.

stockdividendscreener.com

It's not fake news.

 

[MoKelly]

Tesla's Automotive Division made well over $1.5Billion with a 'B' in just credit sales in 2020.

Tesla Regulatory Credits Revenue And Carbon Credit Per Car | Fundamental Data And Statistics For Stocks

Tesla's secret weapon of sales that you may not be aware of. Discover what automotive carbon credits are and the effect on gross margin and profitability.

stockdividendscreener.com

It's not fake news.

Tesla’s CFO freely admitted that w/o regulatory credit sales they would NOT have made their first ever profit in 2020. They would still have lost money despite roughly $30 billion (with a B) in sales.

That is some huge cost base.

MoKelly

 

[MossRoad]

Tesla’s CFO freely admitted that w/o regulatory credit sales they would NOT have made their first ever profit in 2020. They would still have lost money despite roughly $30 billion (with a B) in sales.

That is some huge cost base.

MoKelly

Yep. I think the point NoTresspassing was a very legitimate question:

As other car makers' products become more fuel efficient, they'll be purchasing fewer credits from all places, including Tesla. Tesla relies(d) heavily on selling those credits. If that revenue stream dries up, will it effect Tesla?

 

[Gale Hawkins]

He posted it a few posts up in this post.

Battery based electric vehicles of today and tomorrow.

Well, VW is coming real fast, the e-Golf was a good seller, the new electric platform are coming early in 2020 and will be a success im sure. The rest of the brands like Audi is on the move, Seat and Skoda will use the same platforms as VW. BMW small electric car has been very popular for...

www.tractorbynet.com

Tesla made $428M off of selling credits in just the 2nd quarter of this year.

There's nothing fake about it.

Other Automakers Paid Tesla a Record $428 Million Last Quarter

Automakers buy regulatory credits, and a lot of them, from Tesla in order to comply with emissions regulations around the world.

www.caranddriver.com

Yes it true Tesla's competition are key to Tesla's profitable due them using Tesla's carbon credits to increase their own profitability.

Today it is false thinking to think Tesla needs credits and rebates to produce and sell more EVs.

Now Tesla selling carbon credits has cost the company billions and billions of dollars.

Tesla's board set up Elon Musk's compensation based on corporate profitable. By default the millions in carbon credit sales has lead Musk to becoming like the 3rd richest in the USA.

Another thing the other car companies enabled by buying carbon credits that Tesla earned by not selling fossil fueled vehicles was to make Tesla a member of the S&P 500. This move was/is worth billions if not trillions to Tesla shareholders in the decades to come when EV sales are a minor part of Tesla's annual sales.

 

[Larry Caldwell]

After reading that article I get the impression the author isn't a fan of the Salton Sea:

"...the whole lake became a fetid, foul-smelling death-pond, littered with carcasses and bones and swarming with flies. I’ve been to the Salton Sea, a number of years back, and it is without a doubt one of the most revolting, miserable, unpleasant places I have ever been."

and

"If you fell unconscious in LA and woke up in a rowboat in the middle of the Salton Sea, it would be entirely reasonable for you to think you had died and gone straight to Hell."

Sounds like the perfect place for a lithium mine.

The Salton Sea basin was desert until the 1905 flood on the Colorado, and water level has been supplemented by agricultural flood irrigation runoff. Water shortages have pretty much ended that, with farmers going to more efficient sprinklers or even sensor controlled drip irrigation. In the absence of another flood, unlikely while they refill all the empty reservoirs on the Colorado, a 30' sea level rise in the Gulf of California would overtop the Colorado River Delta and spill sea water into the basin. That would raise the water level about 250' and cover up all those nasty salt flats. For that matter, they could dig a canal right now that would fill the whole basin.

 

[Larry Caldwell]

Do you realize you are posting fake news about Tesla?

Not fake, just misleading. He conflates European regulations without mentioning that none of them apply in the US.

 

[Gale Hawkins]

Tesla's Automotive Division made well over $1.5Billion with a 'B' in just credit sales in 2020.

Tesla Regulatory Credits Revenue And Carbon Credit Per Car | Fundamental Data And Statistics For Stocks

Tesla's secret weapon of sales that you may not be aware of. Discover what automotive carbon credits are and the effect on gross margin and profitability.

stockdividendscreener.com

It's not fake news.

Thanks for posting. That finally explained the carbon credits thing to me. It is good to know buying and selling can change one's tax bill.

 

[Gale Hawkins]

Not fake, just misleading. He conflates European regulations without mentioning that none of them apply in the US.

Ok I get it now.

If someone sold me a fake diamond I would say it was highly misleading.

 

[Gale Hawkins]

If Tesla had to price their vehicles high enough to make a profit without making hundreds of millions of dollars on carbon credits each year, would they still sell as many vehicles? Are the "big 3" the ones buying the carbon credits? In the future as the "big 3" and others bring up their overall fleet mpg they will need to purchase less and less carbon credits. How will that effect Tesla?

I do not know of any USA based car makers buying carbon credits from Tesla.

While your first question is unknowable what we do know is Tesla has raised prices recently by $1,000 or more up to $10,000 per car and they're still booked into the future sales wise.

As to your last question again we have no way of knowing that but Tesla has stated that carbon credit sales are going away and they have not talked about going bankrupt because of it.

Today we all know talking about Tesla's carbon credit income is nothing more than a red herring. They are predicted to double sales or number of units made in 2022 to two million units.

 

[Gale Hawkins]

Fully Self-Driving Cars Being Tested On Streets Of New York City

MobilEye was what Tesla used before they developed their own in-house solution.

 

[MossRoad]

I do not know of any USA based car makers buying carbon credits from Tesla.

It was in the story that you called fake news. Sheesh.

 

[Steppenwolfe]

delete