Tesla discloses more regulatory credits helped profit in third quarter
FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S., June 28, 2018. REUTERS/Mike Blake/File Photo
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SANFRANCISCO (Reuters) – Tesla booked $189.5 million in automotive regulatory credits in its third quarter which helped contribute to profitability, the company said in a quarterly filing on Friday.
Last month Tesla disclosed $52 million in “zero emission vehicle” credit sales, but the quarterly filing includes all regulatory credits, including the ZEV credits.
(Reporting By Alexandria Sage)