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Reply to "Tesla Tax Credit"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I probably shouldn’t say this since it’s not on the political forum, but I really hope that we can stop (and not reinstate) with these EV tax credits. Tesla has a trillion dollar market cap.[/quote] The tax credit is more about the consumer than the manufacturer, although it obviously benefits both. And the new credit is for any EV manufacturer - helps to offset the higher initial costs of purchasing an EV. [/quote] I would disagree. Tax credits were originally intended to help differ the R&D costs and encourage purchases, but Tesla sells as many cars as it can make now so the tax credit will just be a big flow of cash from tax payers. Tesla will raise prices to reflect the tax credits, so little benefit runs to consumers. [/quote]
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