Hello and welcome to the Wednesday April 10th 2019 edition of Tesla Daily Unofficial

Tesla Podcast. My name is Rob Mower. Today we are talking

about a new federal EV tax credit for the US, introduced to Congress, as well as a couple

headlines from earlier in the week. Tesla stock did finish up today 1.38% to $ 276.6 cents,

this compared to the NASDAQ up 0.69%.

Before we get into the discussion on the tax credit bill, there are a couple

headlines that I just wanted to talk about briefly, the first of which is Fiat

Chrysler agreeing to pay quote hundreds of millions of euros to Tesla for EU emissions credits.

In the EU emissions regulations are determined based off of the number of grams of carbon dioxide

that is emitted per kilometer driven.

Right now the target is 130 grams per kilometer, however that increases to 95 grams

per kilometer in 2020, so that's the average target across all vehicle sales by a given

manufacturer. However, there is a notable caveat in 2020 that of your total vehicle sales,

the worst emitting or the highest emitting 5% will not be included in

your average calculation.

So an exception for your highest emitting vehicles, however that exception ceases to exist in 2021.

We are definitely going to come back to this topic

because I haven't had much time to personally research it yet.

However, someone on the Tesla Motors Club's

investor forum, General Enthu, has already done a little bit of digging on this and found that while the CO2 targets in 2019 themselves did not change, they're still at the same levels that they were back in 2015 at the

130 grams per kilometer. The actual calculation used to determine how a

manufacturer compares to that target as the European Union has changed from the NEDC emissions

...