Forum Discussion
time2roll
Jun 18, 2019Nomad
ShinerBock wrote:Tesla has a good chance of reaching critical mass before these credits are sourced elsewhere. JMHO.time2roll wrote:
The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.
Actually, if you look at how the carbon credit laws are written and how they keep getting stricter and stricter, they are made that only companies that produce EV's or fuel cell vehicles can benefit from them and they don't even consider the added carbon from battery or electricity production.
The tides may be turning in this department as the technology that pulls carbon from the air turning it into fuel keeps advancing. If this happens it allows the automakers to purchase these credits elsewhere which may cut or significantly reduce most of Tesla's cash flow since they cannot survive on car sales alone.
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