are reports now that Tesla is entering into an unlikely partnership, a plan to buy “blade batteries” from a Chinese company, BYD, for delivery in the second quarter of next year. This is a new generation of battery that may have a lot to do with the course taken by the electric-car industry. That has nothing much to do with this.... In the second quarter 2021, Tesla reported more than $1 billion net income, and earnings per share of $1.45, which beat analyst expectations of just $0.98. Tesla’s overall automotive revenue for the quarter was $10.21 billion. Critics have sometimes knocked Tesla for relying too much on the sale of regulatory credits as a source of revenue. A regulatory system in California, like analogous systems in Europe, give credits to automakers depending on how many EVs they manufacture. Those who don’t manufacture a sufficient number of EVs to keep the regulators happy can avoid penalties by buying ...