So hey, buy a car that hasn't actually helped the environment, might catch fire, can't open the rear doors if it does, and funds a cut-rate Bond villain trying to turn Twitter into a Nazi toilet if you want.

Just know what it is you're actually buying. 11/11

Extra innings...

It's entirely possible the plan in Elon's mind was to use the emissions credits to get the legacy manufacturers to pay him for their own extinction. I assume he guessed Tesla would ramp up EV production quickly enough to build an insurmountable lead. 12/

He wanted to corner the EV market and own the future of cars, blocking out the dinosaurs. The ultimate disruption.

But... he couldn't pull it off. His early lead never grew large enough due to production delays and constraints. Now, better EVs are coming from everywhere. 13/

He had one last advantage to play, which was the Tesla charging network. This advantage remains, but he lobbied hard to get the government to fund a nationwide charging network based on Tesla's proprietary plugs and chargers.

Biden refused in favor of universal designs. 14/

Now legacy manufacturers are drastically ramping up newer, better, cheaper EVs in more types and models than Tesla offers, on platforms that aren't already a decade old. Those manufacturers will rely less and less on buying Tesla's credits to remain compliant. Death spiral. 15/15

"But in Q3 of 2022, Tesla's profits..."

Listen, weird nerds and $8 blue checks, I don't care about the 3rd Quarter of this year. I'm talking about the history of the company, its foundations and how it arrived where it is now. Which is a story most people clearly didn't know.

Well, this is still going like stink and my publisher would be mad if I don't take the opportunity to promote something so if you appreciate what I'm doing here, treat us both to a book:

OMG, this is just too precious.

At no point in the thread am I talking about revenue. I'm talking about profits.

My first "Added context" on any tweet is of course from Elon stans.