Tesla is getting tax reductions, not free cash.
Same idea as your home mortgage interest tax deduction.
If we can’t get tax cuts across the board, let’s get what we can.
And yes, ICE cars need replacement. Electric isn’t perfect, but is a big step in the right direction. I’ve driven an EV for two years; it’s a superior driving experience (easier to power off grid too).
There’s quite a difference between a tax deduction and a tax credit and for people that buy up to $125K cars should not be getting $7500 of the taxpayers money who in many cases are not be able to afford that car themselves.
I’ve nothing against EVs other than taxpayer money going to companies in subsidies and tax credits going to buyers. If they’re able to build them profitably and people want to buy them for whatever reason, that’s fine with me.
That’s the way capitalism is supposed to work.
But....you have to burn carbon to produce electricity to put in the EV? So how does it change the equation?