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You know that Tesla has received billions from States and the Federal Government? [1] [1] https://subsidytracker.goodjobsfirst.org/parent/tesla-inc https://sub
by sschueller 2y ago
You know that Tesla has received billions from States and the Federal Government? [1]
[1] https://subsidytracker.goodjobsfirst.org/parent/tesla-inc https://subsidytracker.goodjobsfirst.org/parent/tesla-inc
- TMWNN 2y agoBut that subsidy is not Tesla-specific. It's strictly pay-for-performance: The more cars a carmaker sells, the more subsidies (well, tax credits) are provided. If Tesla has received "billions", the only reason other carmakers haven't received the same amount is because their cars aren't as popular.
- FabHK 2y agoEh, there was also the episode where Tesla introduced a battery swapping scheme only to claim higher green tax credits, without actually rolling it out. It's a deceptive company.
- mavhc 2y agoTesla: 2.8 billion Ford: 7.7 billion
- vardump 2y agoThat 2.8B is nothing compared to what China is likely doing. That's just the way China operates when it's about anything it considers strategic. We probably won't ever know the whole extent this is happening. Here's one study that claims BYD has received 3.4B: https://www.bloomberg.com/news/articles/2024-04-10/byd-got-3-4-billion-chinese-aid-to-dominate-evs-study-says https://www.bloomberg.com/news/articles/2024-04-10/byd-got-3...
- sschueller 2y agoThat 3.4B China gave is also nothing compared to the 100% tariff on EVs that the US has levied on China made cars. That's just the way the US operates when it's about anything it considers strategic.