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>FCA is paying Tesla billions of dollars in ZEV credits That's an interesting interpretation. FCA is buying ZEV credits in the market, of which Tesla has a la
by navigatesol 7y ago
>FCA is paying Tesla billions of dollars in ZEV credits
That's an interesting interpretation. FCA is buying ZEV credits in the market, of which Tesla has a large supply. Would you describe Facebook buying servers as "Facebook paying Intel billions so they can keep selling advertisements online"?
>Please buy that Tesla
Every time Tesla comes up and there's negativity, there are accusations of "paid short-sellers", which I am not. What about your disclosure? You own a Tesla, are you a shareholder? Do you have a financial interest in people buying the cars? Is it fair to be constantly flooding these forums with Tesla rumours, often from vapid fan sites, when you stand to benefit?
Why is acceptable from one side, and not the other?
- toomuchtodo 7y agoSure, happy to oblige. I usually add the disclaimer to my posts, but forgot to add it here. Added to my HN profile as well. Thanks for keeping me honest! If you refer to my comment history, I don't believe I've ever mentioned "paid short sellers". Disclaimer: TSLA investor, Model S/X owner. If I ask you to buy a Tesla, it is not to help my stock, but to help move the world to electric transportation faster. If you find a better EV product, I encourage you to buy it regardless of manufacturer. I will hold my Tesla stock all the way to zero, and climate change keeps me up at night (seriously, it's terrifying; Rome is burning and the band plays on). Any sources I cite regarding Tesla have been and will continue to be from reputable online publications.
- navigatesol 7y ago>Any sources I cite regarding Tesla have been and will continue to be from reputable online publications. If you consider Teslarati, Eletrek and Cleantechnica "reputable", not sure what to tell you. That said, I appreciate the disclosure. You may have not whined about "short-sellers", but I've got it often here. It's ridiculous, and says more about the person making the accusation than anything. Even sama and pg got on-board on Twitter. We can disagree about the prospects of Tesla without resorting to conspiracy theories.
- zaroth 7y agoEither FCA is paying Tesla billions of dollars for ZEV credits or they aren’t. It’s a demonstrable fact, not an interpretation. Actually I didn’t realize it was that much, but here’s a source. [1] They need these ZEV credits in order to sell their ICE fleet. This is also indisputable. And absolutely, yes, Facebook pays Intel billions of dollars to power the servers they use to serve ads on the internet. Now hopefully more AMD though. [1] - https://electrek.co/2019/05/07/tesla-tsla-2-billion-fiat-chrysler-emission-standards/ https://electrek.co/2019/05/07/tesla-tsla-2-billion-fiat-chr...
- navigatesol 7y ago>but here’s a source. [1] Elektrek is not a source, it's a Tesla PR mouthpiece. Here's a better one: https://interestingengineering.com/gm-and-fiat-chrysler-unveiled-as-buying-teslas-regulatory-credits https://interestingengineering.com/gm-and-fiat-chrysler-unve... Fred has an article up based on an Elon Musk tweet within half an hour, and has repeatedly printed baseless rumours.
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- llampx 7y ago> That's an interesting interpretation. FCA is buying ZEV credits in the market, of which Tesla has a large supply. Would you describe Facebook buying servers as "Facebook paying Intel billions so they can keep selling advertisements online"? That's a specious comparison. ZEV credits are a punitive measure designed to make automakers want to convert their fleet to electric where the market itself can't force it. Facebook buying components for their datacenter from said manufacturers of components has nothing to do with it. A more apt comparison would be Facebook being forced to pay doubleclick for each ad served on facebook.