Tesla's US ZEV Credits Gone & Musk Melts Down
ZEV credit sales were 115% of Tesla's Q1 net profit and were at record highs in 2024 due to US rivals "scaling back" on EV plans & buying ZEV credits from Tesla. Trump's bill made them worthless.
Source: Roberto Schmidt/AFP/Getty Images
The headlines right now are all about how Musk escalated his public feud with Trump over the weekend by declaring he’s formed his own political party, the “America Party” (see Figure 1).
Figure 1: Musk Spreading News About His America Party
Keep reading with a 7-day free trial
Subscribe to Motorhead to keep reading this post and get 7 days of free access to the full post archives.