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Tesla to earn $250 million from sales of California environmental credits

Tesla Motors is expected to release quarterly earnings figures within the next few days, and the Silicon Valley automaker is thought to have attained profitability for the first time ever. As it turns out, a good bit of that profit will reportedly come from the State of California.
According to an article from the LA Times, Tesla, which is reportedly on pace to sell 20,000 vehicles in 2013, receives as much as $35,000 in environmental credits from California for each Model S it sells. These credits can then be sold to other automakers that do business in the state but don't sell zero-emission vehicles of their own. Some experts believe Tesla could earn up to $250 million from such ZEV credits.
While profits from ZEV credits equals good news for Tesla, some experts and rival automakers aren't very pleased with California's strong-arm tactics when it comes to the sales of electric vehicles. "At the end of the day, other carmakers are subsidizing Tesla," said Thilo Koslowski, an analyst at Gartner Inc.

Dealers claim factory-owned Tesla stores are illegal

Unlike typical dealers, Tesla has a network of "stores" and "retail stores." While reservations can be made for a new Model S or Roadster at the retail store, Tesla says other versions of the store merely direct potential customers to make their reservation online. Most of these boutique-style stores are in shopping malls, and Tesla asserts that they are not sales facilities. It's an assertion with which traditional auto dealers are taking issue.
Dealers associations and networks across the country are doubling down their efforts to make Tesla's OEM showroom network illegal. Tesla has opened 17 stores in 10 states, as well as the District of Columbia.
Dealership associations contend Tesla's notion that sales are not made at these stores, stating that the showroom experience is still part of the sales process. To that end, dealer groups across the country have embarked in legal battles with the electric carmaker. The Illinois Secretary of State has informed Tesla that it is illegal to list CEO Elon Musk as the owner of its Chicago store. The Greater New York Automobile Dealers Association is looking into legal options against Telsa's Westchester store, as well as two others in New York. In Massachusetts, the opening of a store in the suburban Natick Mall is having its legality challenged by the dealer association in that state. California has laws in place that allow for a manufacturer to run its own dealership, as long as it is not within 10 miles of an existing dealer. That practice caught the ire of Chrysler dealers when the American automaker opened its own multi-brand showroom near downtown Los Angeles.

Recharge Wrap-up: Tesla Model X wins Golden Steering Wheel, Norway extends EV tax break

The Tesla Model X has won the "Golden Steering Wheel" award for best SUV from Auto Bild. The German publication's readers nominated and jury selected the EV for its powerful electric powertrain, "futuristic cabin," and falcon wing doors among other things. Tesla accepted the award with enthusiasm, saying, "Today, we are truly honored to announce that Model X has been awarded the Golden Steering Wheel (Das Goldene Lenkrad), one of the most prestigious automotive awards in the world." Tesla goes on to note the many challenges it faced and the updates it has made to its electric SUV. Read more at Teslarati, or from Tesla. Renault faces a criminal investigation over diesel emissions after a consumer watchdog sent its findings to prosecutors. The French government says that now that findings from DGCCRF are in their hands, "It is now up to the courts to determine what further action to take over the suspected breaches." After Renault reprogrammed its exhaust gas recirculation system after problems with clogging turbochargers, the affected cars pass room-temperature tests, but apparently spew more NOx emissions in real-world driving. Read more at Automotive News Europe. Norway has decided to keep tax exemptions for EVs until 2020. The country was set to phase out the VAT exemptions that made electric cars so popular in the country, but with goals for 100 percent electric car sales by 2025, the country has reportedly passed a resolution to keep the incentive in place. It will allow buyers to continue to save money on cleaner cars while allowing time for electric vehicles to reach more competitive pricing with traditionally powered cars. Norway leads the world with 28.8 percent of sales being plug-ins, with pure EVs taking a 19 percent share as of September 2016. Read more at Electrek. Featured Gallery 2016 Tesla Model X: First Drive View 31 Photos News Source: Teslarati, Tesla, Automotive News Europe, ElectrekImage Credit: Copyright 2016 Sebastian Blanco / AOL Government/Legal Green Tesla Renault Emissions Green Automakers Diesel Vehicles Electric recharge wrapup