Birdwatch Note Rating
2022-11-28 00:58:34 UTC - HELPFUL
Rated by Participant: 70C181B24233FF8251A370E67F314FF2678F046BCC2BD211A42D44AC787BC7DC
Participant Details
Original Note:
The claim in tweet is widely understood to be true. In 2020 "..., regulatory credit sales ($428 million) were greater than the company’s free cash flow and amounted to four times Tesla’s $104 million of net profit for the quarter." https://www.cnbc.com/2020/07/23/teslas-sale-of-environmental-credits-help-drive-to-profitability.html https://www.theverge.com/2021/7/26/22594778/tesla-q2-2021-earnings-revenue-profit-credits-emissions-bitcoin https://www.forbes.com/sites/greatspeculations/2020/07/23/behind-teslas-profits/?sh=7ea9f2aa93e6
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