Tesla had a 71% drop in first quarter profits compared to last year, but those losses were minimised because they picked up $595,000,000 US in regulatory credits for the quarter. Indeed, according to Tesla’s Q1 2025 earnings, net income fell 71% to $409 million from $1.39 billion the previous year, driven by a 13% drop […] The post The Electric Car Rort appeared first on Jennifer Marohasy.
