Tesla's record second-quarter revenue was partly driven by something unusual: all the electric vehicles its competitors didn't sell. Because Tesla's vehicle sales are 100% electric, it always has an excess of credits - awarded to companies that surpass their regulatory requirements - and can sell them for a nice profit.
This bump helped Tesla deliver a record $25.5 billion in revenue in the April to June period, beating analyst expectations by about $1 billion. It's the bright spot Tesla needs after a slow start to the year.
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