In bureaucracy, truth is often stranger than fiction. A non polluting electric car company gets slammed with fine for “non compliance” for a car that can’t produce any emissions.
That’s weird enough by itself, but even weirder is what else is in the company’s Securities and Exchange Commission report under what they cite as “risks”.
Here’s the relevant page of the report where they talk about risks, including the $275,000 fine from the EPA. Note what is highlighted under that.
They headline that with:
We are subject to substantial regulation, which is evolving, and unfavorable changes or failure by us to comply with these regulations could substantially harm our business and operating results.
That’s right, a zero emissions “green” electric car company cites this as a risk to the company’s business future:
the imposition of a carbon tax or the introduction of a cap-and-trade system on electric utilities could increase the cost of electricity;
You can see the Telsa SEC 10Q report for yourself at:
Tesla’s crime? Failing to file for a 2009 emissions “Certificate of Conformity” from the EPA to comply with the “Clean Air Act.” until late in the year. Wait, I thought electric cars were supposed to help clean the air?
Damned if you do, damned if you don’t. It is a wonder that anybody would bother even trying to do business anymore where the minefield of bureaucracy looms even for popular and politically correct green companies in California.
h/t to autoblog.com
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