I am not a fan of this web site but occasionally, they don't spit bile in their articles: https://www.thetruthaboutcars.com/2019/06/fca-gm-stocking-up-on-teslas-greenhouse-gas-credits/
Thanks @David Green! My Tesla Standard Range Plus Model 3 is GREAT!
Bob Wilson
Apparently, GM filed to buy credits from Tesla earlier this year while FCA bought them on several occasions in 2016, 2018, and again earlier this year. Considering FCA’s American lineup, we’re not exactly quivering with disbelief. CEO Mike Manley could show up at a press conference, light a pool of gasoline on fire, and suggest it was Dodge’s new corporate model before we’d raise an eyebrow.
. . .
The Detroit Free Press explored the latter half of that equation. Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, told the paper, “Last year, competing automakers paid Tesla $420 million to buy absolution because they were unable to meet the emissions mandate,” adding, “Every Tesla is sold at a loss, but that loss is subsidized by Chevy drivers and others by a couple thousand dollars.”
Appleton claimed people would be appalled if they truly understood the issue, adding that many would be “embarrassed to drive a Tesla because their neighbor would say, ‘When are you going to thank me for subsidizing that high-tech piece of status symbol you drive?'”
. . .
The silver lining in all of this is that, as manufacturers increase their dependence on bought credits, Tesla should be able to rely on a steady source of income for a couple more years. It’ll help keep the lights on in Palo Alto.
. . .
The Detroit Free Press explored the latter half of that equation. Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, told the paper, “Last year, competing automakers paid Tesla $420 million to buy absolution because they were unable to meet the emissions mandate,” adding, “Every Tesla is sold at a loss, but that loss is subsidized by Chevy drivers and others by a couple thousand dollars.”
Appleton claimed people would be appalled if they truly understood the issue, adding that many would be “embarrassed to drive a Tesla because their neighbor would say, ‘When are you going to thank me for subsidizing that high-tech piece of status symbol you drive?'”
. . .
The silver lining in all of this is that, as manufacturers increase their dependence on bought credits, Tesla should be able to rely on a steady source of income for a couple more years. It’ll help keep the lights on in Palo Alto.
Thanks @David Green! My Tesla Standard Range Plus Model 3 is GREAT!
Bob Wilson