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California gave them $300 million for it: https://www.foxnews.com/politics/tesla-gets-295m-in-green-subsidy-credits-for-technology-not-offered-to-customers htt
by cma 4y ago
California gave them $300 million for it:
https://www.foxnews.com/politics/tesla-gets-295m-in-green-subsidy-credits-for-technology-not-offered-to-customers https://www.foxnews.com/politics/tesla-gets-295m-in-green-su...
Once profitable from gamed subsidies and they begin expiring flee headquarters out of the state.
- judge2020 4y agoThe watchdog.org page is down but > Tesla claimed the credits between 2012 and mid-2014 — part of a program designed to encourage the carmaker to promote its new battery-swap technology. The program did not require evidence the company actually provided the service. Sounds like 300M isn't the total just for the battery swap tech, but I might be wrong.
- bryanlarsen 4y agoCalifornia fixed the loophole by making EV's without battery swap technology also eligible for the full subsidy. So non-Tesla EV makers benefited from Tesla bringing attention to the issue.