Home Blockchain News Tesla Rakes Billions From GM & Fiat Chrysler to Fund Secret Cash Stash

Tesla Rakes Billions From GM & Fiat Chrysler to Fund Secret Cash Stash

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By CCN: Tesla reportedly funds itself by selling credits to traditional auto manufacturers. Tesla sells fewer units, which are more efficient by lightyears, so it has excess government credits to sell, which other members of the industry, including GM lap up. Will Tesla Turn It Around? For years, Tesla has behaved more like a Silicon Valley company than an automaker. They don’t come to mind when you think of investing in US automobiles, but perhaps they should. The company’s stock has seen high volume and skyrocketing values. Whether or not it will continue this trend or gradually deflate is currently

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