Musk Tears Into California Board Over Emission Credits Rules
- CEO says state agency is being weak with ZEV standards
- Regulator doesn’t respond to request to Tesla complaint
Tesla Forecast Eases 2Q Loss Sting
This article is for subscribers only.
Tesla Motors Inc. Chief Executive Officer Elon Musk hammered the California Air Resources Board over its clean-car credits program, saying the standards need to be raised. It was a rare public tirade against an agency that has done more than any other state in the U.S. to promote the adoption of electric vehicles.
California has the authority to set its own air-pollution rules and requires automakers to sell electric or other non-polluting vehicles in proportion to their market share in the state. Automakers can earn credits to reach those goals and companies that exceed the standard, like Tesla, can sell their extra credits to those that don’t.