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Tesla Emissions-Credit Revenue May Boom Again in 2021: Analyst

Two Tesla Inc. Model S electric vehicles charge at a Supercharger station in Sant Cugat, Spain, on Wednesday, July 10, 2019. Tesla is poised to increase production at its California car plant and is back in hiring mode, according to an internal email sent days after the company wrapped up a record quarter of deliveries.
Photographer: Angel Garcia/Bloomberg
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Tesla Inc.’s business selling regulatory credits to automakers that need help complying with emissions rules will keep on booming this year, according to Credit Suisse.

Regulatory credit revenue probably will rise to $2 billion from about $1.4 billion in 2020, analyst Dan Levy predicted in a note previewing Tesla’s quarterly earnings Wednesday. He wrote that his estimate for 2021 is higher than consensus of $1.3 billion.