> Revenue from state subsidies accounted for at least 38% of Tesla's profits of $7.1bn in 2024 as the company banked $2.8bn from trading "regulatory credits", a state-level subsidy paid to encourage production of electric vehicles.
And for some reason DOGE did not see an opportunity there?
> Revenue from state subsidies accounted for at least 38% of Tesla's profits of $7.1bn in 2024 as the company banked $2.8bn from trading "regulatory credits", a state-level subsidy paid to encourage production of electric vehicles.
And for some reason DOGE did not see an opportunity there?