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Thursday, August 04, 2016

Elon Musk blames Air Resources Board for $300 million loss, says Tesla needs more stringent regulations to make money

Wow, I thought I'd heard everything until I picked up the Los Angeles Times today and learned that Elon Musk apparently went full out raving mad ballistic against the California Air Resources Board yesterday.

Musk is the CEO of Tesla and the company lost almost $300 million last quarter. He blamed the loss in part on "pathetically low" air pollution standards and said CARB should "...damn well be ashamed of themselves."

Geez - he also implied that the loss was because CARB was colluding with other car companies to rig the price of ZEV credits and associated air regulations.

What do you think?

Click on the link below for more info:

Elon Musk blames CARB for $300 million loss

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