Timmo! wrote:
Reisender wrote:
Tesla buyers haven’t got that 7500 tax credit in years. Neither does GM. That is only available to companies like
Toyota
Nissan
BMW
Mercedes
VW
Kia
Hyundai
Etc etc
Are you also in favour of removing the subsidies to the oil industry?
Thanks for proving my point about sustainability (or lack thereof).
Assuming only 200,000 cars qualify for the $7,500 credit (yes I know the credit phases out the year after the manufacturer sells 200k cars, but let's start with 200k cars) then, that equals $1.5 billion in direct customer subsidy. (200,000 X $7,500),
Times that by the 30 EV manufacturers and that amounts to $40 BILLION in direct subsidies.
https://fueleconomy.gov/feg/taxevb.shtml
And thank you for pointing out how minuscule and limited the subsidies to EV’s is in comparison to the eternal, endless and trillions of dollars that the oil industry gets. :). Lol.
Cheers.
