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  • Yes you are understanding that correctly. For producing EVs, they get credits from the federal government. I don't know the exchange rate -- e.g., how many EVs per credit.

    Then, Tesla turns around and sells these credits to buyers, usually other companies. Companies buy these credits from Tesla to comply with regulations requiring certain environmental outcomes, and credits count towards these outcomes.

    In theory this type of program incentivizes and rewards companies who invest in the technology(is) tied to these credits, in this case EVs. In practice it's a way for other companies to comply with renewables regulations without actually doing anything to meaningfully reduce their impact and footprint (other than buying credits)

  • It's not insane at all. It sucks but it's completely logical. Musk is just protecting his capital as best he can within a global capitalist system.

    It's like corporate "greedflation" during Covid. Of course they jacked up prices and lied about wholesale costs, thereby wildly inflating profits, because profit motives are what drive our world.

  • Lmao if you think it wasn't already legal for a loooooong ass time, you are out to fucking lunch

    Maybe this legalizes more blatant and obvious methods, sure, we could debate that. But money runs the government, has for a very long time, and if you don't see that then you have a lot of reading to catch up on

  • The public does not know the evidence against him, yet. The prosecution has that under lock and key. We only know the relatively small handful of photos that surfaced in the media, and we don't even know if the prosecution will use those.

    Watching carefully here, and I have my own personal opinion and hope for the trial outcome will be, but let's not hyperbolically jump to "we know what the evidence is" (or isn't)

  • Some numbers that are left out of nearly every news story:

    1. These 18,000 workers are ~5.5% of the ~330,000 total Costco workforce. (Surprisingly wide range of total workforce reported
    2. Reports of Costco annual revenues in the $250B range
    3. Reports of Costco annual profits in the $7-8B range
    4. If the strike happens it would affect 56 stores in 5 states (out of Costco's 619 total stores). AND, jfc how lazy is it that I cannot find any reporting that says which states and which locations??