BY SANJANA BEHERA

Inside Tesla's EV Credit Goldmine Worth Billions

Tesla has garnered over $270.7 billion as...

Tesla/ Pinterest

EV CREDITS

The credits come from California government's ...

CLEAN CARS II ACT

WHAT WAS THE ACT ABOUT

?

The California government aims to ban ICE cars with this act, by also giving targets such as...

without tail-pipes

35% of new vehicles 

The California Air Resources Board assigns credits to the EVs sold, which gives Tesla huge leverage.

is the reason behind the large credit amass by Tesla, which is Tesla's best selling model.

TESLA MODEL 3