I had a Ford hybrid rental car last time out. I drove from SEATAC to Olympia, around there for a few days, and back and put in 3 gals. That was with a heavy foot.
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I had a Ford hybrid rental car last time out. I drove from SEATAC to Olympia, around there for a few days, and back and put in 3 gals. That was with a heavy foot.
TSLA Shorties wet dream.
Tesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says
Elliot Smith | @ElliotSmithCNBC
https://www.cnbc.com/amp/2019/05/21/...-scenario.html
Every time you post about that car I want one more and more. A diesel Cruze, and a diesel ZR2 Colorado would be about the perfect combo.Quote:
Originally Posted by Bailey Guns
with 99.5K our 1.2L versa hatchback gets 22 around town and close to 35 on the hwy. That's with me driving it ;)Quote:
Originally Posted by ray1970
I'd ask if you have a lead foot, but I suppose it's probably a polymer of some sort.Quote:
Originally Posted by Great-Kazoo
You have to let us know the actual mileage of that tank though. My dash computer always has high hopes for my driving in the beginning and then is off by more than 100 miles.
It'll be way off if I drive in town more. Mileage drops from 50-55 (or even higher) on the highway down to mid-30s in town. Mid-30s isn't bad, but it's not much better than a lot of gas cars. This car really shines on the highway.
2013 Town and Country To and from Pueblo pulling a light trailer with fishing kayak and stuff at 83 MPH . 21 MPG is the norm.
I don't have to dodge pot holes to save my back or kidneys.
GM and Fiat Chrysler unmasked as Tesla's secret source of cash
Nifty little game that the government helped setup, and Tesla still can't make money.
Quote:
For years, Tesla has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy -- until now.
General Motors and Fiat Chrysler Automobiles disclosed to the state of Delaware earlier this year that they reached agreements to buy federal greenhouse gas credits from Tesla. While the filings are light on detail, they haven't been reported on previously. They also represent the first acknowledgments from carmakers that they're turning to Tesla for help to comply with intensifying U.S. environmental regulations.
Quote:
Tesla has generated almost $2 billion in revenue from selling regulatory credits since 2010. Its home state of California has a mandate that requires carmakers to sell zero-emission vehicles, or ZEVs, in proportion to their share of the state's auto market, which is the largest in the country.
If manufacturers don't sell enough non-polluting vehicles, they have to purchase credits from competitors like Tesla to make up the difference. A similar credit system is administered at the federal level by the EPA and National Highway Traffic Safety Administration.
GM's credit purchases illustrate how challenging the U.S. fuel efficiency requirements are getting, even for automakers that are adding more zero-emission vehicles to their lineup. In March, Chief Executive Officer Mary Barra announced the company would spend $300 million and add 400 workers at its plant north of Detroit where the Chevy Bolt is built to add production of another fully electric model.
While all automakers complied with U.S. rules in model year 2017, most large manufacturers cashed in credits to get there, the EPA said in a March report. Of all the credits held by the industry at end of the 2017 model year, more than 90% are set to expire at the end of 2021 if not used, according to the agency.
While Tesla's sales of regulatory credits have been limited to the U.S. and California, it also has opportunities ahead to generate revenue from Europe, which is implementing tougher emissions regulations. In April, Fiat Chrysler said it will pool its fleet with Tesla's to comply with European Union standards.
During a call with prospective investors in Tesla's offerings of new equity and convertible bonds earlier this month, Chief Financial Officer Zachary Kirkhorn said credit sales will be a more meaningful part of Tesla's business in the coming years.
In addition to reporting $216 million in first-quarter revenue from the sale of regulatory credits, the carmaker disclosed in an April filing that it had booked $140 million in deferred revenue related to credit sales.
It's unclear from the filing whether that revenue relates to the U.S. agreements that Tesla reached with GM and Fiat Chrysler, or the EU deal with Fiat Chrysler. Tesla hasn't reported deferred revenue of credits in past quarterly or annual financial filings.
GM says new all electric pickup will sell for "average" price. Considering that might be north of $50 or $60 thousand, that doesn't sound too impressive.
https://www.foxnews.com/auto/gm-pres...average-prices