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Comment by jordanb

4 hours ago

Dunno where that $3 billion comes from; tesla made 11 billion in regulatory credits alone: https://insideevs.com/news/767939/tesla-regulatory-credit-11...

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jordanb

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WarmWash  4 hours ago

Perhaps you are confused, the regulatory credits were sold by Tesla to other car makers so they could meet their emissions requirements. That $11 billion came from other automakers, not taxpayers.

  • jordanb  4 hours ago

    So you're saying Tesla made $3 billion directly from taxpayers and another $11 billion in cash transfers from their competitors required by the government?

    • WarmWash  4 hours ago

      I'm not saying that, it's strictly true.

      Tesla was given $3 billion in government subsidies.

      It made $11 billion selling regulatory credits created by government regulation.

      I'm not interested in getting bogged down in how actually government regulation is the same thing as subsidy even though the taxpayer doesn't foot the bill (but does collect the tax on the backend of it.) There is a good reason why subsidy and regulation are not the same interchangeable word. I suppose that without glasses of nuance/understanding they blur together and look the same (government action -> money for someone), but lets wear glasses here.

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