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IPFS News Link • Environment

Tesla: Bear Admits Car Pool Is A Win

• Seeking Alpha

Fiat Chrysler and Tesla entered into a car pool for EU regulatory purposes. Tesla is reportedly deriving hundreds of millions of dollars from this arrangement. Can they parlay this arrangement into multiple deals and grow billions of free cash flow? It seems unlikely Tesla will be tapping into this cash flow in '19. Looking for more? I update all of my investing ideas and strategies to members of Special Situation Report. Get started today » Fiat Chrysler (FCAU) started an "emissions car pool" with Tesla (TSLA) to avoid fines under European Union rules targeting CO2 emissions. According to the Financial Times, this means Fiat will be paying Tesla hundreds of millions of Euros. According to well-known bull Cathie Wood, it adds up to $500 million of free cash flow to Tesla.


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