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The federal government is currently running a program where they will give you a $7500 tax break for buying a qualifying electric vehicle. Tesla, being the go-t

The federal government is currently running a program where they will give you a $7500 tax break for buying a qualifying electric vehicle. Tesla, being the go-to for electric vehicles at the moment, is obviously a large beneficiary of this, even going so far as to adjust the pricing on one of its vehicles to meet the program's requirements.

grecy 3y ago
Tesla are getting exactly $0 of this money (it goes to the customer). Also, every other automaker can make cars that qualify. In fact, many already do! Also note Tesla do not make a single PEHV, so in fact plenty of automakers make vehicles that qualify and Tesla doesn't. Here's the lists: EVs: https://electrek.co/2023/11/07/which-electric-vehicles-still-qualify-for-us-federal-tax-credit/#h-all-electric-vehicles https://electrek.co/2023/11/07/which-electric-vehicles-still... PEHVs: https://electrek.co/2023/11/07/which-electric-vehicles-still-qualify-for-us-federal-tax-credit/#h-plug-in-hybrid-electric-vehicles https://electrek.co/2023/11/07/which-electric-vehicles-still...
- sangnoir 3y ago
  > Tesla are getting exactly $0 of this money (it goes to the customer). You're technically correct, when limiting to first order effects of the rebate. It would be equally technically correct to state farmers don't get any money from SNAP (it goes to the customer!), and yet SNAP is "surprisingly" (to pendants) included in the Farm bill. Your assertion that Tesla doesn't get any money from subsides is radical because it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to support with subsidies. Either one of these positions need supporting evidence.
  - grecy 3y ago
    > it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to support with subsidies. Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? i.e. EVs not ICE. > Either one of these positions need supporting evidence. Interesting that mine do, and yours don't.
    - sangnoir 3y ago
      > Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? It's both. If you want customers to buy certain products in large volumes, there has to be capacity to manufacture said products in large volumes. > Interesting that mine do, and yours don't. Me asking you for evidence does not preclude you from asking the same of me. If you want evidence that government subsidies and incentives do work, I can readily provide that[1] - it seems pretty self-evident to me considering history, and international trade complaints about subsidies. 1. https://www.mdpi.com/2071-1050/15/1/534 https://www.mdpi.com/2071-1050/15/1/534, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/, cash for clunkers, etc

grecy 3y ago

Tesla are getting exactly $0 of this money (it goes to the customer). Also, every other automaker can make cars that qualify. In fact, many already do! Also note Tesla do not make a single PEHV, so in fact plenty of automakers make vehicles that qualify and Tesla doesn't. Here's the lists: EVs: https://electrek.co/2023/11/07/which-electric-vehicles-still-qualify-for-us-federal-tax-credit/#h-all-electric-vehicles https://electrek.co/2023/11/07/which-electric-vehicles-still... PEHVs: https://electrek.co/2023/11/07/which-electric-vehicles-still-qualify-for-us-federal-tax-credit/#h-plug-in-hybrid-electric-vehicles https://electrek.co/2023/11/07/which-electric-vehicles-still...

sangnoir 3y ago
> Tesla are getting exactly $0 of this money (it goes to the customer). You're technically correct, when limiting to first order effects of the rebate. It would be equally technically correct to state farmers don't get any money from SNAP (it goes to the customer!), and yet SNAP is "surprisingly" (to pendants) included in the Farm bill. Your assertion that Tesla doesn't get any money from subsides is radical because it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to support with subsidies. Either one of these positions need supporting evidence.
- grecy 3y ago
  > it suggests that either subsidies don't work, or the do work with none value making it's way to the upstream industry the government explicitly set out to support with subsidies. Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? i.e. EVs not ICE. > Either one of these positions need supporting evidence. Interesting that mine do, and yours don't.
  - sangnoir 3y ago
    > Did the government set out to subsidise an upstream industry, or did they set out to incentivise consumers to purchase certain products? It's both. If you want customers to buy certain products in large volumes, there has to be capacity to manufacture said products in large volumes. > Interesting that mine do, and yours don't. Me asking you for evidence does not preclude you from asking the same of me. If you want evidence that government subsidies and incentives do work, I can readily provide that[1] - it seems pretty self-evident to me considering history, and international trade complaints about subsidies. 1. https://www.mdpi.com/2071-1050/15/1/534 https://www.mdpi.com/2071-1050/15/1/534, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10131743/, cash for clunkers, etc