GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash
Tesla has been pulling in much-needed extra cash from the same competitors that it criticizes for relying on internal combustion engines. To achieve this, the company has been offloading federal greenhouse gas credits to GM and Fiat, according to disclosures made to the state of Delaware earlier this year.
And as if the credit situation wasn't bad enough (pun intended), a separate report by The Drive on Monday has detailed that Tesla's "commitment to the environment" may not be as robust as the company or its CEO Elon Musk have led many to believe. The expose reveals that Tesla recently gassed its neighbors with "at least four and a half days of unabated paint shop emissions" and that the company "failed to obtain air quality permits for new production lines and was unable to remain in compliance with air quality regulations" at its Fremont facility.
