Tesla earned billions of dollars for many years, selling special environmental loans to competitors. These loans are needed by car manufacturers who produce cars with internal combustion engines to avoid fines for excess of emissions in the United States. Buying loans from Tesla, they could continue to sell their cars without punishment.
But recently, the country has adopted a law that cancels fines for automakers for violation of environmental norms. This means that they will lose the incentive to buy loans from Tesla, and the company will lose an important source of income, experts write.
Since 2019, Tesla received about $ 10.6 billion only by selling such loans. There were quarters when the profit from loans was more than from the main activity of the company. Experts warn that next year Tesla income from these loans may fall by 75%, and by 2027 they will completely disappear. This will seriously hit Tesla and can lead to losses.
