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Tesla Carbon Credits Revenue Up By 12%

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  • 27 Apr 2023
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Tesla Carbon Credits Revenue Up By 12%

Tesla, once again, is grabbing attention with its Q1 2023 revenue from the sales of carbon credits alone, not to mention income from selling electric vehicles (EVs). The automaker recorded a 12% increase from the prior quarter’s sales, with USD521mn in this first quarter compared to USD467mn in Q4 2022. Tesla has been earning revenues from the sales of its carbon credits for the previous years, reported a whopping USD1.78bn in 2022 alone.

Source: carbonherald