The Electric Viking 
Legacy Automakers are secretly giving Tesla billions of dollars to avoid fines
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See more videos:
Porsche reveals insane plan to save company as many Dealers go bankrupt
https://youtu.be/kb9qVMPCXLM
Tesla is building World’s Largest Supercharger powered by Solar & Batteries
https://youtu.be/uZnTXhP0Ns8
New Tesla Model Y ‘Juniper’ design changes revealed in China
https://youtu.be/V5yhWs6fsCg
MG’s ES5 EV coming to take on BYD Atto 3 – price starts at $14,000 USD
https://youtu.be/ZGXTHy9Jx28
Free tickets for the Sydney EV show – Sydney International EV Autoshow
https://youtu.be/nhaT-mprITo
Hyundai Shares fall after Q3 Profit Declines and sales fall worldwide
https://youtu.be/ttYos-caNkk
#tesla #legacy #automaker #dollars #evnews #renewableenergy #manufacturing
👇Reference to the news/charts & videos used in this video:
https://cleantechnica.com/2024/10/23/other-automakers-pour-money-into-teslas-bank-account-again/ https://ycharts.com/indicators/tesla_inc_tsla_automotive_regulatory_credits_revenue
https://carboncredits.com/teslas-record-carbon-credit-sales-up-94-year-over-year/ https://www.globalfleet.com/en/manufacturers/global/analysis/teslas-dominance-over-carbon-credit-market-explained?t%5B0%5D=Tesla&t%5B1%5D=Electrification&curl=1
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WIN WIN.
"Green" credits is the dumbest idea ever. The ability to "pay" for your dirty processing doesn't help to reduce pollution. How about this. If your process meets regulations you don't pay anything. If your process is dirty you pay a fine to the government for the cleanup.
carbon credits
Every year in ev credits Sam? Is it a new secret every year =b
This seems like a secret in the same way paying taxes is a secret? Subsidies are also a secret maybe?
Always appreciating your content Sam, just confuses by the lack of accuracy. Ty for making something to watch <3
Fascinating, I never knew this. What a bonanza for Tesla, they basically get this money for nothing, that boosts their bottom line enormously.
The irony is that legacy auto finances Tesla's expansion.
This is old news ! This is not a new or serious event ! You will do or say anything for attention or views to line your pockets !
Tesla is not responsible for "regulatory credits"
Being paid for being correct, how ironic, sounds like a winner no matter how you see it.
Tesla didn't get those credits by doing nothing. They got them because they made EVs while others failed to make enough of their own.
NEVER WAS A SECRET. Public statute known to all who care. Transactions are public records in security disclosures. The other companies could just pay the fines.
Old news, but still true.
It is unbelievable that china follows anything called carbon emission quota 😂😂
It infuriates me that my country, the US, is doing this. We need to allow Chinese EVs, anything under $15k, to be imported tax free. That's how we move the US to an electric economy and build out EV infrastructure while at the same time, helping low income citizens get around (you can't get around w/o a car in the US). Paying Tesla is INSANE and must stop.
Autos, solar, battery tech & production, wireless satellite internet, rockets, and artificial intelligence… Tesla is on track to become SKYNET! (You heard it here first folks!) Now we just need to influence them into making weapons! It's all coming together! BU HAHAHAHAHAHA
Does rivian or lucid claim any of these credits as income?
This has been going on for years, and I and most folks knew this. This actually helped make the company profitable for the last few years. Nothing new.
The billions in credits are being used to fund research and development interest free. Competition are literally paying for Tesla to move further ahead. It’s crazy.
All of this complex regulation is completely unnecessary. We just need one thing, and that's a tax on oil, coal and gas at the mine or well. Raise the tax every year and every other carbon-related regulation could be abandoned.
So, car companies can't make money on selling EVs plus they pay a fortune on carbon credits. Soon they will just shut down entirely and all cars will come from Tesla and China.
The legacy auto makers cannot sell more electric vehicles since nobody wants them. Tesla vehicles are just a fashion item that happens to have seats and a steering wheel. Electric vehicles have toomany disadvantages compared to combustion vehicles, just face it.
So that is that per tesla sold? $2500?
This is not a secret. Finance news has covered this for years. The first quarterly reports that Tesla made a profit was because of legacy auto buying carbon tax credits.
I think get rid of the credits and instead they should be forced to sell evs. Credits allow them to not sell evs intentionally which is the opposite of what is needed to reduce climate action.
Tesla are killing the legacy car manufacturers more and more every day
Where are these carbon credit payouts being recorded as losses on legacy car manufacturers quarterly results?
If this information gets out to a the wider population the nose ring mafia will protest and demand an end to carbon credits.
No wonder car companies cheat on fuel economy standards. If they were honest, their emissions would incur more punitive carbon taxes.
Yep, they are buying those credits from Tesla.
why do brands without exhaust even get positive carbon credits? trading them hinders faster development..
Carbon credits are not a secret here in the US. The is a line on automakers SEC filings that are public record.
Yep Tesla gets credits because of the green new scam people that know make electric cars have to pay Tesla
Not a secret
EVs, Carbon credits , Net Zero, Electric Viking are all bollocks!!
Thanks!