Fiat Chrysler spent over $300 million on green credits in Europe last year — mostly from Tesla
Publishing timestamp: 2021-03-03 22:27:05
Summary
Fiat Chrysler spent around EUR 300 million on regulatory credits in Europe last year, mostly with Tesla. Stellantis plans to slightly decrease spending on credits in 2021. Tesla generated $1.58 billion in revenue from credit sales in 2020, contributing to its first profitable year. Other automakers, like Honda, are also buying credits from Tesla. The future of regulatory credit sales for Tesla remains uncertain.
Sentiment: NEUTRAL
Keywords: technology, stellantis nv, business news, environment, transportation, venture capital, autos, tesla inc,