Quote:
Originally Posted by Dave Kost
"Tesla is NOT a viable company and does NOT have a viable product, if you take away the roughly $35,000 the gubmint pays them for every car.
The company I work for is forced to pay nearly $100 mil PER YEAR to buy BS fake carbon credits.
Tesla is GIVEN $68 million worth of fake BS scam carbon credits per year but they are also exempted from needing them because the gubmint is picking favorites.
So Tesla sells those $68 million worth of carbon credits and pockets the $$$.
And that figure increases every year.
Add to that the $7000 tax subsidy for electric vehicles. and a total LOOSER company suddenly becomes viable.
With the taxpayer's help of course.
Note that I did NOT factor in the additional tax subsidy of not having to pay state, local and federal excise taxes on gasoline.
That would add another $4000 over the average life of the car."
The gubmint is not supporting Tesla enough. $68 M is a drop in the bucket for support of new technology. In comparison, How much does the US spend everyday on gasoline?
The BS carbon credits your company has to buy is based on the tons on pollution that goes into the environment. Some (all do) call it a carbon credit but it actually is a fine for polluting.
What if the gubmint earmarked these 'carbon credits' and used the monies for developing and supporting new energy technology?
Maybe, electric autos isn't the future but how much longer can we keep depending on oil?
I guess the answer is....... FOREVER
PS- What is a viable company? You don't pay US taxes?
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Dave, I appreciate the post and hear you loud and clear. No argument from me nor mentioned pro or con in regards to subsidy or credits for any of these EV comp's. There's lots of other threads discussing those issues.
Point is: Tesla indeed is producing vehicles, regardless of the taxpayers / gov. support, the carbon footprint, blah, blah. Tesla also has customers and whom are using these vehicles. That's all. You might even want to compare to the era of Preston Tucker but Tesla are viable, real production vehicles. However one wants to stack it, they still are a breakthrough company. They broke thru gov. officials and leaders, figured out how to get funding / support, produced a vehicle from a fresh slate and that people have purchased.
Anyways, as mentioned from the very beginning, I'm trying the keep the politics out of it and more focused on what this Faraday wizardry new car company is developing and curious why Tesla employees are coming on board. From what we're reading, this new startup is somehow pulling in credible talent.