Tesla (TSLA) has pocketed $11B from the sale of regulatory credits to rival automakers needing help to hit tough emissions targets — easy money that could dry up if President-elect Trump rolls back Biden-era regulations, Axios’ Joann Muller reports. In the nine months through September 2024, 43% of Tesla’s $4.8B in net income came from selling regulatory credits to other carmakers, the author notes. Absent a change in policy, that revenue stream is likely to soar in coming years as legacy carmakers scramble to buy emissions credits from Tesla, which generates such credits with every vehicle it produces.
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