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It's kind of like running out of gas, only dumbasses do it. Metros drive 700 hp cars? Get real.

Boy there are a lot of window tasters here...

There are a ton of direct and indirect subsidies that support Tesla products. For example, we received about $10,000 or so in tax benefits for each Tesla we bought. We also got lower electric rates, free bridge tolls, free access to HOV lanes, free parking at airports, etc. etc. etc. And it's true that there are tax breaks and outright subsidies for fossil fuels as well but it's nowhere near what is being thrown at EVs. You get a bunch of perks for buying an electric car, no doubt about it.

Yep, Musk is no doubt hearing the same things Frank Duryea heard.

Your gonna get burned on this statement, the "bail out loan" like other car manufactures received were paid back as you've stated.

The Subsidies are a different topic...

Are those federal initiatives or state specific?

That's the way it is with most subsidies.

I see people bitch about oil subsidies, but not when those subsidies are passed on as lower prices at the pump.

I see people bitch about agriculture subsidies, but they sure don't want to pay more at the grocery store, as they would without those in place.


While I can see that some subsidies may be needed, I'm more of a purist where they are concerned. I firmly believe that the natural market would be better. But once govt gets involved, most subsidies are chaotic at best and disastrous at worst.

The “burning bush” that Moses found in the wilderness would probably light it up.

Finding one like that when you need it may be another matter.

DF

At the time, we lived in CA and the state handed out about $3,000 and the feds about $7,500. California now caps the credits based on income and the fed credit for Teslas has dropped quite a bit due to the number of Teslas that have been sold. All of the other perks were state specific.

Thanks.

I completely agree. Everything is subsidized. I assume he was talking about the $7500 tax credit per electric vehicle. You have to have $7500 of federal tax due in order to qualify. It is a tax savings like the QBI for small business owners.

It would be better to have a flat tax where everyone pays the same percentage, from the lazy to the ambitious. That way one does not get penalized a ton like under the current tax code.

The thing about subsidies is that someone in govt. gets to pick the winners... and the losers.

With the big bucks involved in subsidies the potential and reality of abuse is huge.

Kind of like Ford, General Motors, and Chrysler? They would have been extinct, if it wasn't for the government picking winners/losers. It also wasn't the first bailout for two of those companies.

I don't know how it will pan out and which states are talking about it, but on the local news last week they where talking about a yearly tax that may be imposed on EVs. It stated that some states thought the vehicle owners may have to pay a tax roughly equal to the estimated road taxes added to gasoline. EV users where using public road system and not paying upkeep on them. They where talking I think of about $1K per year. Don't know where they came up with that number though. Googled EV tax and came up with Illinois and some others talking about $1K/yearly. Doesn't surprise it was Illinois.

Yeah Illinois after that money per always.

It’s kind of funny from a political angle.

Lol.
Don’t get your panties in a bunch. puff puff pass brother.
Love to discuss shiiit but sometimes there are a bunch of D bags on here. Everyone’s a bad mo fo behind their key board.
Anyways
Saw this pop up earlier today.
I’m sure there is more on the web
https://newsroom.vw.com/vehicles/me...-zazp378ueFYCo7EcIBXglGsg6zanhlb3cIl9GVk

Well ... hope you didn’t short Tesla

Talk is a lot cheaper than funding a short account.