Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.Tesla has been profiting from the sale of carbon credits for at least eight consecutive quarters.
Tesla has been selling carbon credits to other automakers. In 2019, the company made headlines when it reportedly earned $594 million from selling a large number of carbon credits to other car companies that did not meet emissions standards set by the California Air Resources Board (CARB).
