> In 2019, the loss was $862 million, but for 2020 there is a huge profit of $721 million.

> However: A closer look at the figures published last week shows that Tesla is still making losses with actual sales of electric cars - around $500,000 in 2020.

> In 2020, carbon certificates brought in $1.6 billion, without this revenue the numbers would still be below red.

https://www.electrichunter.com/ev-news/tesla-makes-money-co2...

With a "profit" margin that jumpy and a history of unrentability, i think it's fair to say that Tesla only exists today because of subsidies. It's not just tax benefits, as you frame it, but in this case EU-CO2 certificates, a direct "revenue" stream.