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Wall Street journal. I don 't understand.

Discussion in 'TSLA Investor Discussions' started by Shakespear, Apr 3, 2013.

  1. Shakespear

    Shakespear Member

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    #1 Shakespear, Apr 3, 2013
    Last edited: Apr 3, 2013
    In Wed, April 3, WSJ section/ page... b3.
    at end of article, ". Last year, Tesla collected. $ 40.5 million -about 10% of its total revenue ---- selling credits earned from states to other auto makers..". Mike Ramsey
     
  2. Robert.Boston

    Robert.Boston Model S VIN P01536

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    Awkwardly phrased, but these are revenues from sale of the emissions credits that Tesla is awarded by states for selling zero-emission vehicles. Every car manufacturer selling in California and some other states has to have a certain minimum mix of zero- or very low-emissions cars in the mix. If the OEM misses, they can make up the shortfall by buying credits from car companies, like Tesla, that over-complied.
     
  3. Shakespear

    Shakespear Member

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