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Elon Musk's rich people's gadgets are heavily subsidized by American government (read average Americans). American government is paying around $8k per car to Mu

by tn13 11y ago

Elon Musk's rich people's gadgets are heavily subsidized by American government (read average Americans). American government is paying around $8k per car to Musk. A lot of this money seems to be wasted to adding swag to this car that gets Musk some positive PR if nothing else. It is stupid to point out that this might help China or some other polluted country, why should Americans pay for it ? Very likely China will ban Tesla and some Chinese company would make similar cars only if Musk could ever make this does-not-run-200miles car.

jessaustin 11y ago
I thought it was just a tax credit? That's very different than "American government is paying". It's more like, "American government admits that taxpayer has put money to a better purpose than American government would have."
- icebraining 11y ago
  Regardless of tn13's overall point, there's no economic difference between a tax credit and a subsidy AFAIK. It's just politically easier to grant the former.
ratboy666 11y ago
I am having a hard time understanding your reference to China. Yes, China is "into" electric personal transportation. http://qz.com/137518/consumers-the-world-over-love-electric-bikes-so-why-do-us-lawmakers-hate-them/ http://qz.com/137518/consumers-the-world-over-love-electric-... Yes, China has 200 million electric bicycles. At that adoption rate, I would have expected 50 million electric vehicles on the road in the US. But, the USA appears to be in love with the car. China has 128 cars/1000, USA has 809 cars/1000. For a great many people, the electric bike would be a great transportation option -- cheap and clean. However, there is no way to compete with China in manufacturing these. The only hope the USA has is Tesla. For this reason, I would expect subsidies! USA manufacturing, possible exports, and a cleaner environment. I personally use an electric bike, for which I received no government rebate... but, I don't have to pay for gasoline, or insurance, so I come out ahead anyway.
HillaryBriss 11y ago
What if I don't believe a biological war is likely? Or, what if I would rather just "get it over with" in the event of a biological war? Can I pay less for a Tesla which _lacks_ this level of filtration?

by tn13 11y ago

jessaustin 11y ago

I thought it was just a tax credit? That's very different than "American government is paying". It's more like, "American government admits that taxpayer has put money to a better purpose than American government would have."

icebraining 11y ago
Regardless of tn13's overall point, there's no economic difference between a tax credit and a subsidy AFAIK. It's just politically easier to grant the former.

ratboy666 11y ago

I am having a hard time understanding your reference to China. Yes, China is "into" electric personal transportation. http://qz.com/137518/consumers-the-world-over-love-electric-bikes-so-why-do-us-lawmakers-hate-them/ http://qz.com/137518/consumers-the-world-over-love-electric-... Yes, China has 200 million electric bicycles. At that adoption rate, I would have expected 50 million electric vehicles on the road in the US. But, the USA appears to be in love with the car. China has 128 cars/1000, USA has 809 cars/1000. For a great many people, the electric bike would be a great transportation option -- cheap and clean. However, there is no way to compete with China in manufacturing these. The only hope the USA has is Tesla. For this reason, I would expect subsidies! USA manufacturing, possible exports, and a cleaner environment. I personally use an electric bike, for which I received no government rebate... but, I don't have to pay for gasoline, or insurance, so I come out ahead anyway.

HillaryBriss 11y ago

What if I don't believe a biological war is likely? Or, what if I would rather just "get it over with" in the event of a biological war? Can I pay less for a Tesla which _lacks_ this level of filtration?