Tesla pick up in 4th quarter 2019

time2roll wrote:

ShinerBock wrote:

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.

Tesla has a good chance of reaching critical mass before these credits are sourced elsewhere. JMHO.

They better do it in the next few years because that is when the companies doing this, like Carbon Engineering, are saying they will start production on a commercial scale. It even has the backing of some major investors like Bill Gates and are saying they can actually reverse the amount of carbon in the air while still selling fuel for ICE engines to pay for the costs. Reversing the amount of carbon is something that EV vehicles can't do.