Old Rocks
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- #41
Almost all of the supposed subsidization involved has occurred: only as part of broad programs available to essentially every company out there (the federal electric vehicle tax credit); relates only to foreign countries (Norway’s or China’s incentives for electric vehicle purchases); is just an example of the typical practice of states/cities to offer tax incentives to lure companies (Nevada’s support for Gigafactory 1, or New York’s for Gigafactory 2); was created on the state level as a way of lowering air pollution (California’s CARB credits); or was created as a means of lowering operating costs (NASA’s occasional development support for SpaceX).
That noted, the reality also is that even without the existence of such programs, the companies in question could very well have remained viable simply by expanding more slowly than they have — the support programs are mostly a means of increasing the rate of development/growth. And from the perspective of the governments involved, the goals and subsequent results have been improved economic activity and lower pollution levels.
Is Tesla Subsidized? What's The Truth About Claims Tesla, SpaceX, & Elon Musk Wealth Only Exist Because Of Subsidies? | CleanTechnica
That noted, the reality also is that even without the existence of such programs, the companies in question could very well have remained viable simply by expanding more slowly than they have — the support programs are mostly a means of increasing the rate of development/growth. And from the perspective of the governments involved, the goals and subsequent results have been improved economic activity and lower pollution levels.
Is Tesla Subsidized? What's The Truth About Claims Tesla, SpaceX, & Elon Musk Wealth Only Exist Because Of Subsidies? | CleanTechnica