GM and Fiat Chrysler admit that they’re buying regulatory credits from Tesla

By Simon Alvarez Posted on June 3, 2019 Being an automaker that exclusively produces all-electric vehicles, Tesla has been gaining significant revenue over the years by selling federal greenhouse gas credits to fellow carmakers, which are needed by the car companies to offset the sales of internal combustion vehicles in the US market. Filings earlier …

Fiat Chrysler proposes merger with Renault amid emissions deal with Tesla

By Dacia J. Ferris Posted on May 27, 2019 Fiat Chrysler Automobiles (FCA) is making another strategic move to aid in its shift towards electrification, this time proposing a 50-50 merger with Renault that would make the joint venture the 3rd largest car manufacturer in the world with around 8.7 million annual sales. The primary …

Tesla’s resilience is forcing veteran automakers to draw the battle lines on diesel

By Simon Alvarez Posted on May 26, 2019 There are probably very few companies in the market that have attracted the same amount of skepticism as Tesla. Since it started producing its first vehicle, the original Tesla Roadster, more than a decade ago, the “impending” death of the company has been foretold. Despite this, the …