Key insights
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1
High Dependency on Tax Credits
Over half of Tesla's profits in the last quarter were derived from tax credits, highlighting a heavy reliance on these incentives.
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2
Concerns Over Profit Sustainability
The fact that a significant portion of Tesla's profits comes from tax credits rather than core business operations has raised sustainability concerns among analysts.
Takeaways
Tesla's latest financial results show a major reliance on tax credits for profitability, which may pose questions about the company's long-term financial health and sustainability.