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Authored by Mike Shedlock via MishTalk.com,

Tesla is a huge beneficiary of an improper “no legal basis” Biden-sponsored subsidy. This is a massive scandal reminiscent of the diesel-emissions cheating that rocked Germany.

Carbon Tax Credits

The Biden administration and the Department of Energy colluded to rig estimated gas mileage from EVs.

For example, a Tesla that gets the equivalent of 65 MPG, receives tax credits as if the Tesla gets 430 MPG.

Electric-Vehicle Cheating Scandal

The Wall Street Journal comments on The Electric-Vehicle Cheating Scandal

Illegal Credits

The Journal noted this scandal is buried deep in the Federal Register—on page 36,987 of volume 65.

Since the tax credits “lack legal support” and have “no basis”, all the beneficiaries should have to return their illegal gains.

How much is that?

Tesla’s Record Carbon Credit Sales Up 94% Year-Over-Year

On October 23, 2023, Carbon Credits reported Tesla’s Record Carbon Credit Sales Up 94% Year-Over-Year

Will Tesla Have to Return Is Unwarranted Gains?

Ha! You know the answer.

However, the carbon credits it does receive are set to drop roughly 85 percent.

Now, about those Tesla profits… Anyone care to crunch some numbers assuming Biden is forced to hand out credits based on reality, not fiction?

Diesel Scandal

• Protecting the Cheaters: EU Regulators in Bed With German Auto Industry Regarding Diesel

• More Diesel Cheating: Germany Concocts New Ways, Audi Caught, Halts Production

Regulators in bed with the auto industry. Gee who coulda thunk? And It happened here too, only worse.

Biden Weighs Banning Natural Gas Exports to Save the Climate

In case you missed it, please see Biden Weighs Banning Natural Gas Exports to Save the Climate

If Biden does follow through with this nonsensical (and probably unconstitutional action), Russia will be the biggest beneficiary.