[2banana]

$400 million in government low cost loans...

$100,000 for EACH car

Where do you think this will end?

And why are taxpayers subsidizing expensive cars for the wealthy?

[EGPWS]

And why are taxpayers subsidizing expensive cars for the wealthy?

Because stupid people are allowed to vote too.

[Olog-hai]

Wait until those seven thousand AA-sized lithium ion batteries discharge without warning.

For the price of that thing, there are internal-combustion-engined cars that will brutally decimate the Model S in terms of acceleration anyhow . . . and be way superior inside and out in terms of pure luxury and appointments.

[I see my hands]

"why are taxpayers subsidizing expensive cars for the wealthy"

It's the wealthy who pay the taxes, Fidel.

[jonrick46]

$100K could buy a lot of gasoline. I wonder what the savings in fuel would pay for the extra cost of the car? What is the battery life? What is the cost of a battery replacement? When you sell the car, do they deduct from your selling price the life left in the battery?

[Reaganez]

Model S starts at $55k.

The feds subsidize far worse crap like E85.

Yes, the working poor/lower middle class pay payroll taxes but not income taxes..

The wealthy pay income taxes.

[dragnet2]

$100,000 for EACH car

Not quite. The will be priced between $54,700 up to $105,400.

[Noob1999]

..............And why are taxpayers subsidizing expensive cars for the wealthy?....................

So that the government can tax away their riches for a net, net, net huge gain!