Exactly, the tweet is basically factually incorrect. It implies Tesla is mostly about the credits when in reality it's a nice cherry on a really big cake for them. And it's not like they are getting favorable treatment here (which is another thing implied by the tweet). A lot of those credits exist because companies like GM receive them too and the US government just decided to inject a lot of dollars in renewable infrastructure. Only fair that Tesla gets a chunk of that given that they do invest a lot in exactly that kind of thing.
Also, people keep talking about Tesla as if it is just a car company. They now have several booming businesses related to grid batteries, domestic batteries, solar panels, charging infrastructure, and a few other things. They are becoming a virtual power plant even. And they are about to become a major semi truck producer (planning to ramp up to 50K trucks per year over the next few years). The cars are still a huge chunk of their revenue and profit of course but they have healthy growth in their other businesses as well. I think grid batteries are about 1 billion $ revenue per quarter at this point for example.
>Thread time. Here's the thing about @tesla It's not a car company. Tesla is a company that has to make cars in order to sell its real product: Emissions Credits.
It uses 'is' not 'was', in three different places. In English that means they're claiming it's currently the case, not a historical account like you're mistakenly thinking.
jillesvangurp|3 years ago
Also, people keep talking about Tesla as if it is just a car company. They now have several booming businesses related to grid batteries, domestic batteries, solar panels, charging infrastructure, and a few other things. They are becoming a virtual power plant even. And they are about to become a major semi truck producer (planning to ramp up to 50K trucks per year over the next few years). The cars are still a huge chunk of their revenue and profit of course but they have healthy growth in their other businesses as well. I think grid batteries are about 1 billion $ revenue per quarter at this point for example.
icapulet2|3 years ago
belltaco|3 years ago
>Thread time. Here's the thing about @tesla It's not a car company. Tesla is a company that has to make cars in order to sell its real product: Emissions Credits.
It uses 'is' not 'was', in three different places. In English that means they're claiming it's currently the case, not a historical account like you're mistakenly thinking.
What makes you think it's a historical account?
ALittleLight|3 years ago