Elon Musk’s reliance on selling regulatory credits to boost Tesla’s bottom line is coming to an end as the U.S. government eliminates subsidies and fines related to fuel economy standards. Tesla has amassed an amazing $11.8 billion from the sales of regulatory credits to carmakers.
InsideEVs reports that Elon Musk’s Tesla has long relied on selling regulatory credits to other automakers to bolster its earnings. Over the past decade, the company has amassed a staggering $11.8 billion in revenue from these sales. However, with recent changes in U.S. legislation, this lucrative revenue stream is set to dry up, forcing Musk to turn a profit based…
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