Recently, however, the country has adopted a law that canceled fines for automobile manufacturers due to violation of environmental norms. This means that they will lose the incentive to purchase credit from Tesla and will lose a significant source of income of the company.
Since 2019, Tesla only sold about 10.6 billion dollars by selling such loans. There were quarters where the profit obtained from loans was higher than the main activities of the company. Experts warn that Tesla’s income from these loans may drop by 75%next year and will be completely lost until 2027. This will seriously hit Tesla and cause losses.
Source: Ferra
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