The same should go for solar panels. The vast majority of the home units go to more affluent neighborhoods and homes.
If these technologies are so great, people should move mountains to purchase them.
D’oh!
Rough week for Elon Musk!
It’s a silly expenditure. The future is not battery cars. Batteries are huge, bulky, expensive, temperamental, and short lived.
I’m thinking the future of transportation might be regional bus companies. GoBus is giving it a try.
GOOD!
I’m tired of paying for my neighbors $70,000 Tesla.
This is an eco-friendly bill.
https://www.wired.com/2016/03/teslas-electric-cars-might-not-green-think/
You are correct. The only person I ever met who owned a Tesla was a multi-millionaire. It’s a status symbol, plain and simple.
I agree! Before our great escape from California, solar panels were going up all over - as you said, mainly in the affluent neighborhoods.
I think if a new product can’t make it with fair market competition, it’s not the time for it.
Why should Tesla get a break over the other car makers? Why should the NFL get tax breaks?
How is that Telsa stock trading?
OUTSTANDING! The more we eliminate subsidies and any kind of crony capitalism the more efficient our economy will be and the more economic growth and wealth we’ll have.
MAGA!
I think fed solar subsidies are going away too. That’s gonna put a dent in CA.
This is when congressman can legally sell stocks on that knowledge before the announcement goes public. THIEVES!!!
Good. I like the idea of EVs but the only way the industry will be incentivized to make them more cost-effective is to stop receiving gummint welfare for making them otherwise.
I have a neighbor who bragged about getting the subsidies for his two top-line Teslas. He is a trust fund baby who inherited a $500 million business from his daddy.
Definition of a tax credit: unearned taxpayer-provided free grub.
Tesla elite left wingers can just pay full price for their eco toys.
YES! We don’t need no stinkin electric cars.
Will start the phaseout after a cumulative 200,000 units are sold. The credit is reduced 50% for the next two quarters, and then cut another 50% for a final two quarters before full retirement.
https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d
Excellent! I recently read a rave review of an electric minivan, saying it compared very favorably with a conventional minivan of equal price. I would have to listen to reason, if that were the truth - but with the government putting its big toe on the scale, who could be sure???Eliminate the subsidy, and the price will tell the tale. Then, figures won’t lie. If you know to ask the question about how frequently the batteries have to be replaced, of course . . .