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Tesla electric vehicle regulatory credits explained

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Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020.

Ding Ting | Xinhua News Agency | Getty Images

Tesla’s reliance on so-called regulatory credits to make money has been thrust back into the spotlight after a regulatory filing revealed investor Michael Burry took a $534 million bet against the electric carmaker.

Burry, who was depicted in Michael Lewis’ book “The Big Short,” has a short position on the company — betting that Tesla shares will fall.

In a now-deleted tweet, the famous hedge fund manager said Tesla’s reliance on regulatory credits to generate profits is a red flag.

Tesla raked in $518 million in revenue from…



Source cnbc.com

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