Bernie Sanders on Twitter
twitter.com
Every time Elon Musk pokes fun at government assistance for the 99%, remember that he would be worth nothing without $4.9 billion in corporate welfare. Oh, Elon just l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else. https://t.co/rj8FgwEDMQ pic.twitter.com/bxHcXul925— Bernie Sanders (@BernieSanders) August 7, 2020
  • glk [none/use name]
    ·
    4 years ago

    On a recent Trash Future episode they said that Tesla is only profitable because its competitors buy cars or maybe just carbon credits or something so they can keep their fleet's carbon footprint below a certain threshold while still producing more polluting shit.

    • MichelLouise [he/him]
      ·
      4 years ago

      see more in this Forbes article

      EDIT:

      Several U.S. states and countries have Zero Emissions Vehicle regulations that require that clean vehicles account for a certain mix of auto manufacturers’ sales each year. If automotive companies, which still largely sell internal combustion engine-based vehicles, don’t meet these standards, they can buy credits from the likes of Tesla that earn credits, as they only sell electric vehicles. Although the revenues from these credits are quite volatile they are very lucrative for Tesla, as it likely incurs no direct costs to earn them.