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Ballsy move. I strongly suspect this could jeopardize the massive federal subsidies that keep Tesla afloat (and probably Solar City, too). $7.5K per car (which
by throwaway-1209 9y ago
Ballsy move. I strongly suspect this could jeopardize the massive federal subsidies that keep Tesla afloat (and probably Solar City, too). $7.5K per car (which essentially amounts to a 10% per-unit discount out the door) times 84K cars is $630M.
- ntsplnkv2 9y agoHas nothing to do with being ballsy. I wish our president could sacrifice something for what he believes is right much like Musk is, if what you say is true.
- mikeash 9y agoUnless the tax credits are extended (and the likelihood of that was essentially zero already), Tesla is set to hit the phaseout point next year regardless, and will have them go to zero one year later. It's likely that if you reserve a Model 3 today, you won't get a tax credit when you take delivery. So that wouldn't change a whole lot. And assuming the subsidy is eliminated for everyone and not just Tesla, it'll make them more competitive. I'd say the big danger for his stuff is SpaceX and NASA, and I don't think there's much risk there.