Rivals’ electric vehicle woes are music to Musk’s ears with $1bn payday for Tesla
Of course, Tesla, the California-based electric vehicle producer headed by the ambitious Elon Musk, will pocket $1 billion this year via the sales of regulatory credits to its rivals in Europe. Instead of coming up with strategies for meeting high standards of emissions regulation, Tesla is in a distinct market advantage, offering performance beyond the set standards. In this article,...