Credit sales

Tesla: another profitable quarter based on regulatory credit sales

Tesla Inc. (TSLA) released its results for the fourth quarter of 2020 on January 27. The electric vehicle (“EV”) company posted GAAP net income of $270 million, marking its sixth consecutive profitable quarter. Unsurprisingly, Tesla has sought to present its latest earnings as further evidence of its company’s long-term financial viability. However, a look below […]