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For example, a Bay Area owner of a $37,500 electric Chevy Bolt would receive a $7,500 federal tax credit and a $2,500 California rebate, but the car would still cost about $5,000 more than its gas-powered cousin.

Assemblyman Phil Ting, D-San Francisco, is proposing more generous subsidies, essentially making electric car costs the same as comparable gas-powered vehicles. The bill is being considered in the state Senate.


So the $10,000 grand we are giving to some sanctimonious rich guy to buy a $100,000 Tesla is not enough? Plus the free charging stations and car pool lane access? The serfs are working for the lords and dukes. Who said feudalism is dead?

1 posted on 07/23/2017 8:29:20 AM PDT by artichokegrower
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To: artichokegrower
To my eyes, just another "blah" design without the "Tesla styling". Kinda like a Kia Elantra.


2 posted on 07/23/2017 8:48:06 AM PDT by newfreep ("If Lyin' Ted was an American citizen, he would be a traitor.")
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To: artichokegrower

Well, you are wrong.../S

It’s not $10,000. There are also federal subsidies to manufacture these stupid cars.

I looked for two days trying to find an articke discussing how much but, have been unable.


3 posted on 07/23/2017 8:49:03 AM PDT by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: artichokegrower

I believe in an article here yesterday it was mentioned that after 200,000 vehicles all subsidies go away.

Cali was mentioned as trying to restore subsidies for in-state purchases - did not mention where the money would come from - presumably from increased state taxes.


4 posted on 07/23/2017 8:52:12 AM PDT by PIF (They came for me and mine ... now it is your turn ...)
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To: artichokegrower
I think the question now is can Tesla withstand the onslaught of Volkswagen, Volvo and (likely) Nissan as they use the economies of scale to build electric cars on a truly massive scale?

Despite Volkswagen mired in the Dieselgate scandal, they are already well-advanced developing the new Modularer Elektrobaukasten (MEB) electric car platform, and the first prototypes are already running on VW's internal test tracks--prototypes that will likely become the ninth-generation Volkswagen Golf.

5 posted on 07/23/2017 8:54:35 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: artichokegrower

http://www.cnbc.com/2017/07/18/gm-extends-shutdown-at-chevy-bolt-plant-as-inventories-swell.html

This article discusses how GM has to pause construction of a car similar to Tesla’s.

Mid priced electric cars are not wanted in large numbers. Sorry Tesla.

Cheap gas: trucks, midsized SUVs, and crossovers.

Even Business Insider knows that there is no consumer clamor for electric.


6 posted on 07/23/2017 9:02:33 AM PDT by cicero2k
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