Submitted by cmichael on Mon, 2019-04-08 15:18
Let us start out with a reminder of Tesla's stated mission. "Tesla’s mission is to accelerate the world’s transition to sustainable energy." (source:tesla.com)
In case you missed the news published this past weekend: (source:ft.com)
"Italian-U.S. carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid fines for violating new European Union emission rules."
How does Tesla selling emission credits to Fiat align with Tesla's stated mission? Has the mission statement been appended with "unless we are offered a bunch of cash (or euros)"?
Is this a desperate cash move by Tesla as the article alludes to at one point, or a sellout to the green leaning buyers of Tesla who bought into that mission at some point, or both?
Update: Sorry ft.com can be a pay news site; Reuters (and others have reprinted for free at: