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One advantage of being an automaker that produces nothing but plug-in vehicles is earning zero-emissions credits. It's long been thought that those credits would at some point become a valuable commodity. Back in 2007 when Phoenix Motorcars was still around, a big chunk of its business plan revolved around revenue from those credits. Phoenix went bust before they were ever able to deliver any vehicles, but Tesla Motors has picked up the idea.

Buried in an updated S-1 filing with the Securities and Exchange Commission this week, Tesla revealed that it has sold $13.8 million worth of zero emissions vehicle credits, representing 368 cars, to Honda over the last two years. Honda and Tesla also have an agreement to exchange credits for another 287 vehicles. Unfortunately for Tesla, the market for its credits will soon largely dry up as Roadster sales have slowed to a trickle and the Model S won't come to market for at least two more years. For Honda, there will be plenty of other sources for these credits – including Nissan, General Motors, Ford and others – beginning later this year.

[Source: Securities and Exchange Commission via Green Car Advisor]


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  • 14 Comments
      • 5 Years Ago
      LOL @ MS Paint quality electric cord
        • 5 Years Ago
        I have to say it...

        The is actually a good job (i.e. the cord). Photoshop's line tools are not that easy to figure out if you're new to the program. When I was learning the program I was wondering "how on earth do you make lines that curve and not get all choppy".

        Mission Accomplished IMO - lol
        • 5 Years Ago
        oh i agree its actually a pretty decent job... i just found it kinda amusing when AB puts up photos like that. lol
      • 5 Years Ago
      "Tesla revealed that it has sold $13.8 million worth of zero emissions vehicle credits, representing 368 cars"

      If I can still do math that's $37,500 per car. Not bad business if you can get it.
      • 5 Years Ago
      interesting indeed..never knew it worked that way...
      • 5 Years Ago
      This is Tesla's business model. Being paid by the government - or by other corporations at government gunpoint which is the same thing - to produce imaginary products.

      Everyone involved has know from the beginning that a $100,000 electric toy company is not traditionally viable. Since its inception Tesla has lost over $250,000 for every vehicle it has sold. Nothing indicates they expect to make a production profit, ever. Yet the investment money keeps coming. What do they know that we don't?

      They know who Musk's friends are. Musk alone made more than $200,000 in political contributions in the past 4 years to grease the ways. By amazing coincidence, his business then received a half billion dollar loan from DOE - a million dollars for every vehicle Tesla had ever built at that time.

      They're robbing us blind in plain sight.
      • 5 Years Ago
      CapNTrade is the biggest boondoggle ever created. Buying and selling a non-existent product so one company can "pollute" as they have been. Be like paying someone to Beano up so their lactose-intolerant buddy can rip cheese-induced room clearers all day long.
        • 5 Years Ago
        I agree... with such trade, it just becomes all about money... well.. unfortunately though, IT IS alwasy about MONEY.
      • 5 Years Ago
      wait, so Nissan has Leaf, GM has Volt, what does Ford have?
      • 5 Years Ago
      Thankfully my car is powered by pixie dust and moonbeams, what does that get me?

      • 5 Years Ago
      E mail your congressman: Stop pork barrel waste.
      • 5 Years Ago
      LOL @ MS Paint quality electric cord
        • 5 Years Ago
        ugh. stupid double post.
      • 5 Years Ago
      Am I reading this right? They will only less than 1000 Roadsters on the road and they made more money from the credits than they did from the cars? And I thought a silicon valley dot-com couldn't make it in the car business...
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