How bad are things at Tesla? So bad that it would have lost money in the first three months of the year had it not been the sale of regulatory credits, credits that could be going away if the Trump administration gets its way on auto emissions rules.
It’s really outrageous that it’s illegal to sell snap benefits, but Tesla can make like half of its income off of doing nothing but selling regulatory credits to other auto makers, and it’s also the only thing that is allowing them to stay afloat right now it seems like.