Brand image is really important ev where already better in china than any other place in the world before Tesla but Tesla give the allure that the tech need to have mass appeal.
That's why it was so successful as a company
That, and the lies from the man who owns a social media company (albeit later)
It made those credits because it sells electric cars in volume.
I get the Musk bashing, and think the guy's an asshat, but isn't this literally what carbon credits are supposed to do -- funnel cash from dirty industries to carbon negative ones, as another channel of funding for them?
https://www.perplexity.ai/search/76c762eb-b4cf-445c-8f0a-195...
https://carboncredits.com/teslas-carbon-credit-revenue-soars...
Yes, because you're looking at net income vs something that is entirely profit. Of course it's going to be a large portion.
That's like saying AWS is most of Amazon: it certainly contributes a ton of margin, but there's a lot of other revenue.