I read this as take form the poor and give to the rich. A Morgan Stanley<http://online.wsj.com/public/quotes/main.html?type=djn&symbol=MS> MS -0.66%<http://online.wsj.com/public/quotes/main.html?type=djn&symbol=MS?mod=inlineTicker>report in April said Tesla made $40.5 million on credits in 2012, and that it could collect $250 million in 2013. Tesla acknowledged in a recent SEC filing that emissions credit sales hit $85 million in 2013's first quarter aloneĀ15% of its revenue, and the only reason it made a profit.
Take away the credits and Tesla lost $53 million in the first quarter, or $10,000 per car sold. California's zero-emission credits provided $67.9 million to the company in the first quarter, and the combination of that state's credits and federal and local incentives can add up to $45,000 per Tesla sold, according to an analysis by the Los Angeles Times. On Fri, May 24, 2013 at 9:17 AM, Cameron Childress <[email protected]>wrote: > > "The list of the Obama Administration's industrial policy failures is long, > from Solyndra to Fisker Automotive. But now we are hearing that one success > redeems them all: Tesla Motors TSLA +5.92% . Tesla's share price has soared > this year on rave reviews for its electric car, growing sales and its first > quarterly profit." > > > http://online.wsj.com/article/SB10001424127887324659404578499460139237952.html > > ... > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:363828 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
