Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.
Tesla’s profits from electric vehicles came in at US$3.22 per share, exceeding analyst expectations of US$2.27. In addition, actual revenue was US$18.8 billion, which is higher than the US$17.9 billion forecast.
