Tesla Making (Some) Money by Selling Electric Car Credits to Honda

We all know Tesla Motors has grand plans to eventually be the next great U.S. automaker and sell EVs made for all walks of life, but right now it is stuck building a $100,000 plug-in toy for the rich — the Roadster.

Don’t get me wrong, Tesla deserves beau coup credit for making a business case that there is demand for EVs. In fact, at last year’s LA Auto Show, GM’s Bob Lutz came right out and said that Tesla gave GM “major impetus” and went on to say that he is “thankful to Tesla for furnishing the proof that was needed for those of us who championed the Volt within GM that other people believed in lithium-ion technology as well.”

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Filed Under: Electric Vehicles

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