Tesla ready to save traditional car brands, yes, in exchange for 1 billion

Elon Musk has managed to make Tesla become one of the benchmarks in most important electric cars in the world. This time, he plans to do a strategic alliance with FordToyota, Stellantis, Mazda and Subaru.

All this is as a result of the new and strict carbon dioxide (CO₂) emissions standards that will be in force from 2025, since those companies that do not comply with the guidelines will receive fines of large amounts of money.

According to BloombergTesla would be willing to agree to help these traditional car brands, but in exchange for monetary compensation. In this way, it would be able to recover losses in sales from certain countries.

Tesla will sell its emissions credits so that these brands are not fined

Tesla’s popularity has been increasing considerably in recent years, presenting a wide variety of electric cars that have met the expectations of many users.

For example, the Model 3, Model Y, Model S, Cybertruck and others have stood out from the crowd with their designs and functionalities.

However, in the markets of China and part of Europe, sales have decreased and the company has had to compensate for these losses by taking other actions.

To be more specific, Tesla’s tactic is sell your emissions credits to other brands recognized that they are in danger of million-dollar fines for failing to comply with the new 2025 pollution standards.

CO₂ emissions have always been the big combustion car problemsince the use of gasoline and diesel increases the levels of air pollution every year.

To prevent the percentage from increasing, companies obtain emissions credits that set a limit. Tesla, by having electric cars, has these elements left over and can choose to sell a part to other companies.

In this way, Bloomberg affirms that it has teamed up with Toyota, Ford, Stellantis, Mazda and Subaru to create a “pool” of emissions and emerge unscathed of the fines. However, the alliance will not be free, since it is estimated that Tesla could receive around 1 billion euros with these transactions.

This would become a great way to earn additional income and strengthen its position in the market. Brands like Volkswagen and Renault, which also have big problems with emissions, may add to this, although nothing has been confirmed in this regard.

The truth is that it is not a new strategy for Tesla and it will surely maintain these benefits in the long term with the advancement of its technology in electric cars.

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Tags: Electric car, Tesla, Elon Musk