<ul><li>Washington state lawmakers are advancing a bill that would tax Tesla’s emission credits, targeting profits under the state’s clean vehicle policy.</li><li>HB 2077 seeks to impose a 2% tax on emission credit sales and a 10% tax on banked credits, primarily affecting Tesla due to exemptions for companies with fewer credits.</li><li>The tax on emission credits is projected to generate revenue of $78 million in the 2025-27 biennium and $100 million annually thereafter.</li><li>The bill's supporters argue that the tax is necessary to prevent cuts to state services, while critics worry it sets a dubious precedent and undermines the EV mandate.</li></ul>

Tesla faces emission credits tax in Washington state

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