Europe is clearly the region that more pursues pollution in the automotive sector. There is a CO2 emissions regulation that is increasingly strict and that few are able to comply with. By 2025 the maximum average for all cars sold by manufacturers must be 93.6 g/km. It is a significant jump compared to the 115.1 grams that had to be met this year and the fine amounts to 95 euros for each extra gram, multiplied by the cars sold. Although there is another solution that benefits third parties and with which Tesla does business.
There is a thing known as carbon credits that are given to manufacturers that reduce emissions. Whether by selling electricity and saving that CO2 that reaches the atmosphere, or with green projects to compensate for its pollution, a credit is usually given for each ton of CO2 not emitted. That makes Tesla top the ranking of carbon credits and was able to sell around 34 million last year. Now it has emerged that due to this transaction with other brands, pocketed a total of 1.79 billion dollars.
The main manufacturers that have bought carbon credits from Tesla to avoid fines have been General Motors and Volkswagen Groupalthough it has also been carried out by others such as Ford (to Volvo). The thing is that the business is great for the Palo Alto firm and it could break records again this next year. It is said that in the first three quarters they had already accumulated 2,070 million dollars with the sale of credits to different manufacturers. An amount that helps Tesla improve its accounts.
The trend of this electric brand is upward, with sales that continue to advance. Meanwhile, most manufacturers are having an increasingly worse time with emissions regulations that are becoming stricter. A calculation has been made that speaks of 9,000 million dollars entered between 2009 and 2023 for this concept. Meanwhile, Tesla still has credit margin to meet its future requirements and the brands that continue with combustion are worried about the next horizon with the 49.5 g/km that will come into force in 2030.
