Fiat Chrysler will pay Tesla to avoid EU program fines



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Car manufacturers were expected to pool their own sub-brands. VW can use the improvement of its emissions with its usual brands to offset exotic brands such as Porsche and Lamborghini, for example. However, this (with an agreement between Mazda and Toyota) is the first time that two totally separate car manufacturers have agreed to pool their emissions in Europe and show the pressure on companies to electrify their lists.

This kind of agreement is not unusual for Tesla. In 2018 alone, it realized $ 103.4 million selling "zero emission" credits and $ 279.7 million the previous year. The EU pact could however have a significant impact on Tesla's bottom line, and it comes at a good time. Tesla sales fell sharply in early 2019 as a result of the reduction in electric vehicle tax credits and the typical slowdown observed early in the year. Although the company is not facing a crisis, it will probably not oppose an influx of cash while trying to improve its sales and prepare for future cars such as Model Y.

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