NSANY - Trump's Auto Emissions Deregulation: Great For GM Ford And FCA - But Disaster For Tesla
Better late than never. The day after the November 8, 2016, U.S. Presidential election, I published an article on Seeking Alpha in which I laid out a scenario where the Federal Government would challenge California’s (and the other so-called ZEV states) centrally planned economies when it comes to which kind of cars people must buy.
You can see how this ZEV (zero emissions vehicle) legislation works here. Other than the fact that this legislation is nearly incomprehensible even for people inside the industry who specialize in compliance, look in particular at page 32 for