Elon Musk’s Tesla Secret

Does Elon Musk’s Tesla have any dirty secret behind to his Tesla car making and other business’?

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GWebcasters want to share something unique with you; and before you read the story behind Tesla, we’ve giving you all this to search and others are videos that will give you a lot of insights added to what you’ve known from us.

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See Tesla become airborne for over 100 feet

Demand for electric cars has grown slowly. But the tsunami is coming

In 2010, Elon Musk had big plans for Tesla. Listen to his predictions

Elon Musk has a lot to say about Covid-19. Some of it isn’t true

Watch the Tesla Cybertruck’s unbreakable windows break

Analyst: We see good things happening with Tesla

Elon Musk busts a move in Shanghai

See Tesla’s new Model Y

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How Tesla made electric cars sexy New York (CNN Business)Tesla posted its first full year of net income in 2020 — but not because of sales to its customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another automaker that

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meets those requirements — such as Tesla, which exclusively sells electric cars.

It’s a lucrative business for Tesla — bringing in $3.3 billion over the course of the last five years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year far outweighed Tesla’s net income of $721 million — meaning Tesla would have otherwise posted a net loss in 2020.

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“These guys are losing money selling cars. They’re making money selling credits. And the credits are going away,” said Gordon Johnson of GLJ Research and one of the biggest bears on Tesla (TSLA) shares. Tesla top executives concede the company can’t count on that source of cash continuing. Source from CNN.

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