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Not direct funding, but rather tax rebates. These rebates were/are also available to every EV manufacturer here.
by starik36 3y ago
Not direct funding, but rather tax rebates. These rebates were/are also available to every EV manufacturer here.
- makeitdouble 3y agoI think we should give more credit to Musk's political and regulation influencing power. These tax rebates didn't randomly end up in Tesla's pocket. We can bash on him for the mountain of stupid stuff he does, but dancing with the government in highly regulated fields is where he seems to shine.
- jeromegv 3y agoAnd make his fans believe he’s a champion of free market and a self made man that is fighting big government. We can see it clearly in action in this thread, it’s working on many.
- cma 3y agoAt the state level they got hundreds of millions for the unviable battery swap demonstration and extremely limited deployment. I think New York gave them a billion subsidy for Buffalo (or maybe spent a billion total on multiple companies?).
- kgermino 3y agoAlso direct funding, I believe in the form of subsidized loans
- starik36 3y agoNot subsidized, but guaranteed loans. There is a difference. This is a normal practice for up and coming technologies.
- Rebelgecko 3y agoIsn't the infrastructure act just straight up cash payments?