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Old 12-15-2013, 07:29 AM   #68
thstone
Certified Boxster Addict
 
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
Quote:
Originally Posted by Eric G View Post
...Tesla didn’t generate a profit by selling sexy cars, but rather by selling sleazy emissions “credits,” mandated by the state of California’s electric vehicle requirements...
This is an accurate statement. Tesla's stock value isn't based on its cars, but on its ability to generate cash in the emissions credit market. Its better than being a Columbian drug lord in terms of being able to generate quick cash with almost zero cost of doing business.

To be fair, that's not Tesla's fault. What they are doing is legal and legit. I find fault in the gov idiots who created a "market" for emissions credits in the first place.
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