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Tesla is about to lose one of its most vital sources of revenue
See ya, carbon credits. Thank you, Elon.
Tesla is set to lose out on an easy, major source of revenue thanks to President Donald Trump's administration — you know, the one for which Elon Musk was once the right-hand man. The passage of Trump's Big Beautiful Bill cut tax incentives for electric vehicles, as well as the Corporate Average Fuel Economy (CAFE) requirements. Reuters wrote about the credits in July and noted that "this income segment is crucial for Tesla's finances, having been the main driver of its profit in the first three months of the year."
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