The Green Raw Deal At Work: Tesla’s $2 Billion ZEV Credit Haul From GM & Fiat Is The Only Reason It’s Solvent

Since 2010, Tesla has generated an astounding $2 billion in revenue from selling these credits, a massive figure considering that the company has found a way to remain hugely unprofitable throughout most of the last decade. The company’s home state of CA requires “carmakers to sell zero-emission vehicles, or ZEVs, in proportion to their share of the state’s auto market, which is the largest in the country.”