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June 5, 2017

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Is Tesla (Or Any EV For That Matter) As Green As It Claims?

If you’re planning to buy a Tesla Model 3 today, you’re probably feeling pretty good about yourself. Not only will you have a sweet ride, but you’ll be doing something good for the environment! No gasoline-powered sports cars to get you through your midlife crisis, thank you very much. You care about global warming. But how green is a Tesla, really? Devonshire Research Group, an investment firm that specializes in valuing tech companies, dug into the data and concluded that Tesla’s environmental benefits may be more hyped than warranted. Devonshire isn’t saying that Tesla is pulling a Volkswagen, or that its cars are spewing greenhouse gases from invisible tailpipes. It’s arguing that Teslas (and, by extension, all electric vehicles) create pollution and carbon emissions in other ways. Each stage of an EV’s life has environmental impacts, and while they aren’t as obvious as a tailpipe pumping out fumes, that doesn’t…