Tesla could gain more than a billion dollars this year as the European Union tightens pollution rules, Bloomberg reports. At the same time, European politicians, who are helping put those dollars in Elon Musk’s pocket, are getting increasingly vocal about their worries that he might pivot from MAGA to MEGA.
The American EV company might need that windfall if the US loosens its emissions standards under Donald Trump, potentially hurting Tesla’s lucrative regulatory-credit revenue.