Musk invests $288 million to support Trump, but his anti-EV policies hurt Tesla as profits fall
Tesla's turnover increases, but profits fall: this is the paradox of the quarterly report presented last Thursday.Why?This is the fault of the new rules introduced by the Trump administration, which Elon Musk himself boasts that he brought to the White House by financing his election campaign.Specifically, almost $1.4 billion in "regulatory credits" paid by other manufacturers to offset their excess emissions will be lost.The American site Electrek explains this by analyzing the data provided by Musk in his letter to shareholders.
The "green credits" are gone, thanks to our friend Trump
TESLA ended the third quarter with Net Work down 37% with a gain of 12% to $28.10 billion in sales.However, Elonia Elé explains to the shareholders that the cancellation of the difficulties is 1415 dollars on 31 December 2024".
Regulatory credits are mechanisms that require automakers to meet their targets for emissions, fuel efficiency or the share of zero-emission vehicles.If a manufacturer fails to meet these targets, it can either be fined or purchase credits from other manufacturers who have met them.Tesla, which primarily produces zero-emission electric vehicles, collects them beyond regulatory requirements.and resells them to other manufacturers.
This is a "marginal" income that does not come directly from sales, but which in 2023 provided additional benefits of approximately 1.79 billion dollars.According to the Energy Policy Research Foundation (EPRINC) analysis, the credits represented between 10% and 30% of Tesla's gross margin for the automotive industry in the automotive segment.
Tesla made $1.4 billion less profit in the third quarter: And the situation will get worse
But thanks to the advent of track maintenance, the directive to punish vehicles full of praise is instantly canceled or reduced.For example, continuous manufacturer's Corporate Average Fuel Economy (CAF) standards make it unnecessary to purchase any fines for CUBE BERDED by President Joe.2026 is estimated at 595 million to 526 to 526.
In Electrek's opinion, this is a sensational "own goal" by Elon Musk.In fact, the site estimates that Musk has allocated about $288 million to support Donald Trump and "anti-EV" candidates close to him, which has caused a huge decrease in Tesla's revenue and profits.One of the worst "investments" in car history.
If the course of the Trump's Domineneson
Read also: Tesla and the war between Musk and Trump: "They will lose the videos
The usual anti-Tesla propaganda parroting all bad faith written by Fred Lambert.
Did you mention that in September the Model Y was the best-selling car in Europe (ever)?So much for the ill informed.
I'm also waiting for news on Porsche's decline, eh.YOOY's profits are down 99%!
Come on, say it, have the courage to get to the bottom of it, I thought you did:
"You are still and as always..."
(Comunque Porsche va davvero malissimo, ma non mi stupisce affatto: è anni che lo ripeto che l’elettrico fatto come lo stanno facendo l’avrebbe portata al fallimento. Che la Taycan a dispetto di quanto si sono auto-convinti in tanti è un bagno di sangue perchè finiti i leasing non la vuole più nessuno, che la Macan elettrica sarebbe stata un disastro e la 718 elettrica non sapevano più come fare per tenerla nascosta pur avendola pronta, fatta e finita. Mi si dava del boomer rinciulito, ma ovviamente avevo ragione io ca va sans dire)
Given your visceral attachment to the brand in question, I suggest you ignore the data from October (as well as those from other past months...).
But really?But how is it determined?Tesla has free cash flow, it's an exaggeration, it's an exaggeration, will Adicle take the losses on his own hard debt?But do you understand why Tesla changed?
What can write that the loss of "common debt" causes "big problems" for tesla?If you let us, we don't need much of the electric mobility in Italy, on the contrary.Learn more.
If I may, by focusing only on politics you have missed the opportunity to better explain your point of view;that is, you can add details to the article instead of working to "remove" it
PS: By the way, it's been a year since the boss didn't talk to me, despite the validity of the past tense:
- He balanced the election with scientific methods and media and financial resources, influencing American elections in American states to the great detriment of all of us on a global scale.
- Achieved high power concentration, for example in satellite systems
- On a personal level, I sometimes ignore the last words
