General Discussion
In reply to the discussion: What happens when an electric car runs out of power on the road? [View all]MerryHolidays
(7,715 posts)These could have been purchased directly from the federal government, rather than Tesla being in the middle. You do understand that the regulatory credits are what has caused Tesla's stock price to go through the roof, right? I am not sure enriching Tesla and its shareholders is what the regulatory credit scheme was about. But, to Tesla's financial acumen, they exploited this loophole to the hilt. Again, why didn't the government charge the offending companies directly and pocket the money.
I also didn't realize how much energy Tesla consumed with respect to bitcoin: https://www.autoweek.com/news/green-cars/a36266393/tesla-made-more-money-selling-credits-and-bitcoin-than-cars/ . See also this: https://www.cnbc.com/2021/05/13/why-elon-musk-is-worried-about-bitcoin-environmental-impact.html#:~:text=Elon%20Musk%20said%20Tesla%20has,and%20Malaysia%2C%20according%20to%20researchers. Tesla was far from environmentally friendly.
When I first started looking at alternative fuel vehicles, a Tesla lease was several hundred dollars per month higher than a PHEV lease. The only EV I would have seriously considered was a Tesla because of its range. However, the cost differential, even for a Tesla 3 model and a PHEV was considerable, and I believe still is.
Please take a look at many other manufacturers. Many of them are phasing out their pure gas vehicles. Just in the last few years there are far more PHEV and EV options by many of the manufacturers. Did Telsa contribute that. I am sure it did, and perhaps that's the essential point. I just don't understand why US taxpayers apparently subsidized Tesla when there were other ways to do it.