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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: d[-_-]b who wrote (714188)5/9/2013 11:15:16 AM
From: tejek  Read Replies (1) | Respond to of 1580088
 
Tesla's earnings were also boosted by its sales of zero-emission-vehicle credits to other automakers, which generated $68 million in revenue for the quarter. The credit system was set up by the California state government to push automakers to produce environmentally friendly vehicles. Manufacturers of gasoline-powered vehicles can purchase the credits accrued by green-car producers like Tesla.


So another company bilking taxpayers - that's not a real or "sustainable" profit.


Quick. You need to tell investors....they are bidding up the stock $10 today.