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152 points doener | 1 comments | | HN request time: 0.213s | source
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mrtksn ◴[] No.44416989[source]
The same news from 5 days ago(117 comments): https://news.ycombinator.com/item?id=44374761

I wouldn't romanticize it that much.

Tesla used to be: Unmatched software(+), unmatched electronics(+), Save the planet(+), great subsidies(+), electric car that doesn't look weird(+), USA and Startups and the future(+), unmatched acceleration(+), low built quality(-), Shitty driving dynamics(-)

Now alternatives are pretty good, so still Unmatched software(+) but the difference is not that big and the rest doesn't look good. No longer saving the planet because you don't save the planet with fascists, USA is no longer cool(hostile and clown-like), tech guys are no longer cool(greedy and sleazy and meddle with politics instead of doing cool shit), the design is dated and boring now and there are many alternatives doing much better in many other characteristics.

So Tesla still sells very well when the price is right, match the new situation and it sells. Tasla sells like hot cakes in Turkey for example because they introduced a version specifically for the Turkish regulations and that particular configuration is taxed just %10 when the cheapest petrol cars are taxed %80. AFAIK Tesla keeps selling well in Norway too.

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baxtr ◴[] No.44417119[source]
And just recently added "shitty brand image (-)"
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imachine1980_ ◴[] No.44417398[source]
Brand image is really important ev where already better in china than any other place in the world before Tesla but Tesla give the allure that the tech need to have mass appeal. That's why it was so successful as a company
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stranded22 ◴[] No.44421973[source]
I thought it was really successful as a company due to all the carbon credit handouts it received from government, which it sold to the other car companies.

That, and the lies from the man who owns a social media company (albeit later)

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ethbr1 ◴[] No.44422294[source]
Tesla made a little under 3% of its 2024 revenue from carbon credits.

It made those credits because it sells electric cars in volume.

I get the Musk bashing, and think the guy's an asshat, but isn't this literally what carbon credits are supposed to do -- funnel cash from dirty industries to carbon negative ones, as another channel of funding for them?

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stranded22 ◴[] No.44427678[source]
In 2023, it made 30% of its net quarterly income from carbon credit sales. That’s substantial.

https://www.perplexity.ai/search/76c762eb-b4cf-445c-8f0a-195...

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1. ethbr1 ◴[] No.44430305[source]
You mean Q4 2024?

https://carboncredits.com/teslas-carbon-credit-revenue-soars...

Yes, because you're looking at net income vs something that is entirely profit. Of course it's going to be a large portion.

That's like saying AWS is most of Amazon: it certainly contributes a ton of margin, but there's a lot of other revenue.