Tesla Losing Source of Credit Revenue That’s Been Key to Profits Read more at: https://www.bloombergquint.com/business/tesla-will-lose-a-source-of-revenue-pivotal-to-profit-streak Stellantis (new owner of Chrysler) announced Wednesday it is exiting a European emissions-credit agreement with Tesla. Since the merger with the PSA group, Stellantis no longer needs to purchase European emissions credits saving the company about $360,000,000.00. Two thirds of that had been going to Tesla (about $240,000,000.00). Other automakers are also eliminating or reducing their need to purchase emission credits, so Tesla will be losing even more in the coming quarters. Notice how Tesla has failed to make a profit on the selling of their cars over the last 6 quarters. In the leading electric vehicle market in the world, Tesla hasn't sold a single vehicle in Norway in May and only sold a total of 9 in April. Puegeot (part of Stellantis) has sold 69 vehicles in Norway in May and 393 in April. Citroen (also part of Stellantis) has sold 46 vehicles in Norway in May and 166 in April. For reference - the top 3 sellingelectric models in April were the VW ID.4, the Audi E-tron and the Volvo XC40 with 1811, 775 and 612 respectively. In total, 8,859 new electric vehicles were sold in Norway in April. Looks like Tesla's "free lunch" is disappearing.