Transportation
Trump Threatens Tesla Revenue Stream That’s Never Been Bigger
- EV maker just made $2.76 billion in regulatory credit revenue
- Sales are now at risk as Trump administration rewrites rules
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Since it’s been making electric vehicles, Tesla Inc. has raked in almost $12 billion straight from the coffers of its competitors. If Donald Trump gets his way, that revenue stream won’t flow quite as quickly the next few years.
The revenue in question comes from the regulatory credits Tesla generates by selling EVs, which comply with increasingly stringent pollution standards governments have set around the world. Automakers that don’t sell as many plug-in cars can buy these credits to count toward their emissions rules compliance.