News Score: Score the News, Sort the News, Rewrite the Headlines

Half Of Teslas Q2 Profit Came From Your Taxes

Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits.Suggested ReadingTesla Had A Very Interesting WeekOffEnglishSuggested ReadingA truly wild amount of Tesla’s second-quarter profit – over half of it, in fact – was attributed to the sale of these credits to r...

Read more at jalopnik.com

© News Score  score the news, sort the news, rewrite the headlines