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VW funds from diesel scandal will pay for zero-emission buses, trucks in California [Los Angeles Times (CA)]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
VW funds from diesel scandal will pay for zero-emission buses, trucks in California State officials figure the Volkswagen diesel emissions testing scandal added an extra 10,000 tons of noxious nitrogen oxide to California's air. To make up for it, the state will use $423 million of Volkswagen penalty money to cut the same amount of nitrogen oxide by subsidizing the purchase of zero-emission trucks, buses and other vehicles. The California Air Resources Board approved the program at a public meeting in Sacramento Friday, though not without contention. The plan probably will benefit companies including Tesla , Nikola Motor , Toyota , BYD , Proterra and others in an attempt to clean the air. Some pushback came from several of CARB's 16 board members, echoed in public comments during the Friday session. They said CARB is focusing too much on electric vehicle development and not enough on near-term policies that would convert diesel engines to natural gas, which they said would clear that Show less Read more
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