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
I thought it was really successful as a company due to all the carbon credit handouts it received from government, which it sold to the other car companies.
That, and the lies from the man who owns a social media company (albeit later)
Tesla made a little under 3% of its 2024 revenue from carbon credits.
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?
stranded22|8 months ago
That, and the lies from the man who owns a social media company (albeit later)
ethbr1|8 months ago
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?