Tesla takes on $30B in credit as it approaches unprofitability

Tesla takes on $30B in credit as it approaches unprofitability

Tesla is confronting a potential loss of about $30 billion in regulatory credit revenue as its profit margins shrink, raising concerns that the automaker could near unprofitability. Analysts note that diminishing credit sales, which have previously bolstered earnings, may force Tesla to rely more on vehicle sales and cost reductions to sustain profitability in the coming quarters.

Tesla takes on $30B in credit as it approaches unprofitability — PinBrief