Tesla is profitable mostly thanks to carbon tax in the west, and other brands slowly started to sell their EVs so they won't be buying Tesla's carbon service any more. More İmportantly, battery cost is much higher than engine/transmission costs and Battery R&D cost is also much higher, and not to mention cost of self driving. These won't change anytime soon. I am highly skeptical to any change in break even point as a result of Electrification. But all of this is just a guess, If we see a lot of small automative brands survive in the long term (30+ years) then we can say break even point has changed. So we have to wait and see.
Tesla made US$1.5 billion from selling government-mandated carbon tax credits to legacy carmakers, mainly overseas, as well as various smaller subsidies. That's more than a quarter from its US$5.5 billion net income in 2021, forcing the SEC to mandate it report regulatory credits as a separate line item in its annual financial statement.
Tesla made US$1.5 billion from selling government-mandated carbon tax credits to legacy carmakers, mainly overseas, as well as various smaller subsidies. That's more than a quarter from its US$5.5 billion net income in 2021, forcing the SEC to mandate it report regulatory credits as a separate...
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