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Here's the evidence behind the claim that California's EV subsidy is a Tesla bailout. >In California, the largest EV market in the US, 2.7% of new vehicles sol

Here's the evidence behind the claim that California's EV subsidy is a Tesla bailout. >In California, the largest EV market in the US, 2.7% of new vehicles sold in the first quarter were EVs, up from 0.4% in 2012, according to the California New Dealers Association. California is Tesla’s largest market. Something big needs to be done to help the Bay Area company, which has lost money every single year of its ten years of existence.

Alupis 9y ago
There's also: > And for instance, a $100,000 Tesla might be deemed to have the same features as a $65,000 gas-powered car. The rebate would cover the difference, minus the federal rebate (so $27,500). Because rebates for Teslas will soon be gone, the program would cover the entire difference – $35,000. This is where Senator Vidak got his “$30,000 to $40,000.” Seems Californians will be footing a significant chunk of all Tesla sales once the standard Federal $7,500 rebate expires on Tesla vehicles. This does seem to largely be targeting Tesla's since, according to the article, are the only US EV maker nearing the 200,000 vehicle sales limit for Federal subsidies.
- deleted 9y ago
  [deleted]
- mhermher 9y ago
  This doesn't make sense. Couldn't the car company just arbitrarily raise the price? Why sell it for 100k? Why not 200k or whatever. The cost to the consumer is the same, the state just pays you more. Doesn't seem well thought out.
cma 9y ago
> California is Tesla’s largest market. Am I wrong in assuming it is every other automakers's largest market? It is the most populated state, right?
- ouid 9y ago
  I'd bet a small amount of money that chevy sells more cars in Texas than California.
  - digitalzombie 9y ago
    He was talking about car company. Chevy is a brand... GM is the company iirc. Even if Chevy sells more in Texas it doesn't mean GM is sold more in Texas than California.
  - sqeaky 9y ago
    I think we can limit this electric vehicles because that is what both the federal and state laws pertain to.

Alupis 9y ago

There's also: > And for instance, a $100,000 Tesla might be deemed to have the same features as a $65,000 gas-powered car. The rebate would cover the difference, minus the federal rebate (so $27,500). Because rebates for Teslas will soon be gone, the program would cover the entire difference – $35,000. This is where Senator Vidak got his “$30,000 to $40,000.” Seems Californians will be footing a significant chunk of all Tesla sales once the standard Federal $7,500 rebate expires on Tesla vehicles. This does seem to largely be targeting Tesla's since, according to the article, are the only US EV maker nearing the 200,000 vehicle sales limit for Federal subsidies.

deleted 9y ago
[deleted]
mhermher 9y ago
This doesn't make sense. Couldn't the car company just arbitrarily raise the price? Why sell it for 100k? Why not 200k or whatever. The cost to the consumer is the same, the state just pays you more. Doesn't seem well thought out.

cma 9y ago

> California is Tesla’s largest market. Am I wrong in assuming it is every other automakers's largest market? It is the most populated state, right?

ouid 9y ago
I'd bet a small amount of money that chevy sells more cars in Texas than California.
- digitalzombie 9y ago
  He was talking about car company. Chevy is a brand... GM is the company iirc. Even if Chevy sells more in Texas it doesn't mean GM is sold more in Texas than California.
- sqeaky 9y ago
  I think we can limit this electric vehicles because that is what both the federal and state laws pertain to.