Elon Musk: California’s ZEV “Credit Mandate Is Incredibly Weak”

The California Air Rescources Board (CARB) sets strict guidelines for automakers regarding the number of zero-emission vehicles (ZEV) each must sell. The system is set up so that companies earn credits. Automakers that fall behind, can buy credits from other automakers. Tesla sold $139 million ZEV credits in the third… …read more