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Now that Elon has extracted a bunch of subsidies from California, he is moving on.
by barney54 5y ago
Now that Elon has extracted a bunch of subsidies from California, he is moving on.
- deleted 5y ago[deleted]
- joewadcan 5y agoWhich ones specifically? The only two I know of are: - The low/zero emission car rebate that Toyota and every other manufacturer has used. - The clean energy manufacturing tax write off that applies to over a hundred other companies. I don't think California has given Elon any significant subsidies. When Tesla asked states to compete on the Gigafactory, California lost to Nevada.
- belltaco 5y agohttps://www.greencarreports.com/news/1089205_tesla-to-add-production-capacity-for-35000-more-electric-cars https://www.greencarreports.com/news/1089205_tesla-to-add-pr...
- icapulet2 5y agolol are you serious? Google "tesla ZEV credits". and CAEATFA has landed it over $225MM worth in write offs.
- joewadcan 5y agoWrite offs isn't the right word here. It's a partial tax offset for purchasing manufacturing equipment. The tax itself is already high, so the partial exemptions on that tax isn't some give away.
- deleted 5y ago[deleted]
- deleted 5y ago[deleted]
- systemvoltage 5y agoDoing anything else is foolish.
- oxplot 5y ago> Now that Elon has extracted a bunch of subsidies from California to move towards a sustainable future, he's moving on to Texas. Hell of a great use of subsidies.