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Yes, they lose money on bolts or at least break even. I'm trying to find the source on it but from what I read the reason they are making the bolts is to get Z
by jacobkranz 10y ago
Yes, they lose money on bolts or at least break even. I'm trying to find the source on it but from what I read the reason they are making the bolts is to get ZEV credits that'll offset their larger & more profitable trucks and gain experience in building electric cars so if (when?) they have to compete head to head with Tesla on a larger scale that they'll have the knowledge to do so.
- prostoalex 10y agoI don't know if it's all about ZEV credits, those have dropped to "pennies on the dollar" nowadays, so would be more efficient just to buy them on the open market (which GM still does) http://www.businessinsider.com/elon-musk-trump-decision-on-electric-car-incentives-wont-hurt-tesla-2016-11 http://www.businessinsider.com/elon-musk-trump-decision-on-e...