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Tesla's ZEV credit allotment changing under new CARB rules

Could the California Air Resources Board (CARB) be taking a $55-million bite out of Tesla Motors' profits? The state regulator, which grants zero-emission vehicle (ZEV) credits for automakers making plug-in vehicles, is planning to reduce the number of credits generated by each Model S battery-electric sedan from seven to four, Bloomberg News reports. That means the California-based automaker will have fewer credits to sell to big buyers such as General Motors and Chrysler, who don't make enough ZEVs on their own to comply with state mandates. While the selling price for these credits isn't disclosed (they're private transactions), the market was a lucrative one for Tesla, which generated $129.8 million in revenue from California zero-emissions credit sales and about another $65 million selling US Corporate Average Fuel Economy (CAFE) credits last year. All told, California and federal zero-emissions credit sales accounted for about 10 percent of Tesla's sales last year. A Tesla representative didn't immediately respond to a request from AutoblogGreen for comment. This issue first came up last year when CARB hinted that it wouldn't give Tesla credit for having a battery-swapping option as it's method for quick-fueling compliance. Tesla, which appears to have been preparing for just this scenario, has been collecting revenue on credits since 2010 and achieved its first-ever profitable quarter in the first quarter of 2013 because of such credits. While the maximum number of zero-emissions credits a vehicle could garner was increased from seven to nine in the new rules, Tesla can't take advantage of that because it meets neither of the most stringent criteria: that the car in question is rated to go more than 300 miles on a full tank or battery and be able to be "filled up" (or fully charged, in this case) within 15 minutes. Those are more hydrogen fuel-cell-like targets, but Tesla has the EVs that come closest to meeting them.

Elon Musk says yes to The Oatmeal's $8M request for Nikola Tesla museum

Matthew Inman is known for his lengthy, often wordy online comics called The Oatmeal. He's also a huge fan of Nikola Tesla, and helped gather $1.37 million via crowdfunding in 2012 to buy up Tesla's laboratory and set the stage for a Tesla museum, the Tesla Science Center at Wardenclyffe. It was such an Internet hit that Tesla Motors CEO Elon Musk even chipped in $2,500 and Tweeted that he "will do more in the future." Well, Inman is getting ready to call in that favor. Yesterday, The Oatmeal published a glowing review of sorts on how great the all-electric Model S is (slightly NSFW). In it we learned that Inman is bonkers in love with his EV, calling it his "intergalactic spaceboat of light and wonder" and saying the acceleration is "freaky." He adores the door handles, the frunk, the advanced powertrain and pretty much everything else. In fact, part one is so positive it reads like an over-the-top Tesla advertorial. But then comes part two, where Inman gets down to business. Musk simply said, "I would be happy to help." See, the $1.37 million was used to buy Nikola Tesla's property but was not enough to actually, you know, build the museum. To do that, the Science Center needs another $8 million. And guess who has those kinds of funds? How about a billionaire who is using the Tesla name and is already a fan of the museum idea? That's right, one Elon Musk. And part 2 of The Oatmeal's comic is an argument for why Musk should fork over the $8 million to help pay for the museum. Inman says it is, "A polite request from a humongous fan" and adds that, "You owe us nothing, and you've done nothing but good things in the name of Nikola Tesla. But the fact remains: Tesla Motors, a company now worth billions, is using Nikola Tesla's name, and they're using his technology, and all we want in return is a little bit of help." Inman says that $8 million is "the bare minimum to build, staff, and maintain a Nikola Tesla Museum," and that the number was reached after getting "countless estimates from site planners, architects, and museum curators from all around the world." Something like $6 million would be good, he writes, but, "any less than $8M would pretty much leave us in the same boat we're in now." Tesla hasn't offered up an official statement, but on Twitter, Musk simply said, "I would be happy to help." Not sure what that means, exactly, but it's probably not going to make Inman hate his car any time soon.

Someone in SF is exposing the wild 'Truth' about Tesla, and it includes 'anal itching' [w/video]

We'd like to give our heartfelt thanks to Ryan Block, former editor of Autoblog sister site Engadget, for sharing on Twitter one of the wackiest bits of anti-Tesla writings we've every come across. This is well beyond the anti-Tesla rage that once dominated conservative media coverage – it steps fully into tinfoil hat territory. We're not doctors, but perhaps someone needs lithium in its pharmaceutical form. Did you know, for example, that, "By driving a Tesla, you are involved in organized crime"? Or that, "By driving a Tesla, you are saying you have no morals"? Or even that, "By driving a Tesla, you are supporting spying?" Yes, friends, all this and more is explained (somewhat) in a small-font pamphlet that Block found, photographed and put up on Twitter yesterday. According to Block, the flyers have been distributed around San Francisco, being left anonymously on the windshields of parked Teslas. We can't quite follow all of the logic thrown together here, but it appears that someone is mad at the electric vehicle manufacturer for its ties to the government, Google and the media. Then there's this: "Psychographic, demographic and marketing studies have been published showing that Tesla drivers have a higher-than-average inclination towards drugs, strange sexual behavior and risk." We don't know if Tesla drivers are as extreme as all that, but there was at least one Model S driver who was recently spotted doing some odd moves in and out of his sunroof (see video below). Did we mention that Model S seats are known to cause "anal itching"? Maybe it's all part of the conspiracy. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.