Inquiring minds want to know why, Why, WHY????? Reasonable question, no? I mean, who is getting rich here? 1% ers? And who is paying for it? 99% ers? It's all just sooooooo TERRIBLE.
Why are taxpayers subsidizing an UNSAFE SWEAT SHOP?
http://www.investors.com/politics/e...an-gm-why-are-taxpayers-still-subsidizing-it/
For every Tesla car sold (up to No. 200,000), federal taxpayers kick in $7,500 to lower the costs. State taxpayers in a multitude of states pony up still more. In Colorado, they contribute another $5,000 to the electric car kitty, in California, it's $2,500.
When the Los Angeles Times crunched the numbers two years ago, it found that Tesla buyers had received more than $284 million in federal tax incentives and more than $38 million in California rebates. And that was before Tesla's banner 2016 year.
The taxpayer help only starts there. Tesla also collects hundreds of millions from competing automakers by selling environmental credits in California and more than half a dozen other states to car companies that can't meet the states' "zero emissions" sales mandates.
Plus, Nevada ponied up $1.3 billion in incentives to convince Tesla to build its huge battery factory near Reno.
And this doesn't include the fact that electric car owners don't pay into the Highway Trust Fund — which is funded by the per-gallon tax on gasoline and pays for road construction and upkeep.
Why are taxpayers subsidizing an UNSAFE SWEAT SHOP?
http://www.investors.com/politics/e...an-gm-why-are-taxpayers-still-subsidizing-it/
For every Tesla car sold (up to No. 200,000), federal taxpayers kick in $7,500 to lower the costs. State taxpayers in a multitude of states pony up still more. In Colorado, they contribute another $5,000 to the electric car kitty, in California, it's $2,500.
When the Los Angeles Times crunched the numbers two years ago, it found that Tesla buyers had received more than $284 million in federal tax incentives and more than $38 million in California rebates. And that was before Tesla's banner 2016 year.
The taxpayer help only starts there. Tesla also collects hundreds of millions from competing automakers by selling environmental credits in California and more than half a dozen other states to car companies that can't meet the states' "zero emissions" sales mandates.
Plus, Nevada ponied up $1.3 billion in incentives to convince Tesla to build its huge battery factory near Reno.
And this doesn't include the fact that electric car owners don't pay into the Highway Trust Fund — which is funded by the per-gallon tax on gasoline and pays for road construction and upkeep.
